., appliances, fixtures, landscaping) into shorter depreciation categories (5, 7, or 15 years) rather than the standard 27.5 or 39 years for real estate.2.

Likely just light cosmetic, fix ups, bath and kitchen remodel, landscaping. 

After some creative landscaping (and a lot of guacamole), it became one of my best rental properties.From my experiences, here are a few tidbits:Do Thorough Research: Before the auction, I dove deep into property records.

., landscaping/signage, plumbing, google pin ownership, are there any major capex items, etc4.

All 1300 aren’t going to stay forever, but I promise you a few are going to stick and change the landscape.

Enjoy the beautifully landscaped backyard with a covered patio, pool, spa, and RV parking.

Technology today allows us to access detailed information and resources remotely, which makes it possible to make well-informed decisions even from a distance.Memphis is a city with a lot of hidden gems and under-the-radar opportunities that many investors miss out on simply because they’re not familiar with the local landscape.

They took a $1.5 MM property and found in this property:- $250k worth of 15-yr property which is paved parking, fencing, landscaping etc.- $150k worth of 5/7-yr property which is appliances, cabinetry, carpets etc.This is pretty typical for a commercial property cost segregation, and I see nothing wrong with it.The problem is in the line above that, called "Selling price."

The way it was explained to me is that I am responsible for maintaining the roof, exterior walls, concrete floor, parking lot, landscaping, etc.

and honestly...driving around this city exposes you to the best and worst of urban landscapes in America.