@Michael SmytheThanks for the detailed message, this is extremely helpful.

Getting that education is very valuable and it gives you access to MLS which is extremely helpful as an investor.

I am by no means an attorney or an expert.

Plus we are extremely close so we take care of each other, no questions asked, when tough times come.

Im not an expert and you definitely should consult a CPA but I believe the year in which you do the cost seg you would need the participation hours, so it does sound like 2024 would be out by 2025 could be possible. 

When I looked at Proper Insurance (their rates were extremely high), by eliminating the wind coverage they said I would not get loss of income if it was related to wind.  

Find an expert who works with a lot of investors and have them run your DTI.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Better to pay an expert and get solid info on your lot.