I've read about strategies to do this and bonus depreciation and how the 1 year bonus depreciation is being phased out.

It'll be interesting to see how the 2 foreclosures play out. 

Jefferson County is the only Colorado municipality I know that has some requirements but also gives discretion to approve a short-term rental permit over to a county board.To your specific question, yes, the 1-acre requirement is likely a barrier for you and your neighbors.The frustrating thing for a lot of Airbnb owners in JeffCo is that if you try to play by the rules, you could get shut down.

Can anyone with knowledge of bonus depreciation weigh in on a scenario I’m piecing together?

Usually that intended party is 10 investors removed from the investor who currently has their hands on the agreement with 10 investors playing their hand at attorney and making tweaks they believe are necessary for their personal business.

You can usually use bonus depreciation against the asset assuming it will follow the short term rental loophole rules of 7 days or less average stays. 

And bonus, why do you do what you do?

It's not a game changer, but a strong concession can level the playing field a bit.

I'm just trying to learn and find example properties that I can play around with.

If you played your cards right you may even cashflow upon moving out because you will now rent the space your were living in.