Residential and commercial real estate investing is not even in the same playing field. 

I found this deal through networking while playing basketball.

If you don't want to do 1 or 2, see below.I think you are playing with fire right now.

I really need a play by play, please. 

bonus points if it somehow links to quickbooks so it's easier to keep them aligned.Alternative question: CPAs - what tools/formats do you prefer your clients to use to give you the information needed, so you can calculate their depreciation?

Luckily the guest plays for the NFL and is going to pay but my client self insures and had no coverage. 

However, if you plan to do cost segregation because of your REPS status, the deprecation recaptures from bonus dep cannot be deferred with 1031.

e-cigarettes on a counter does not mean they are being used on the property, its assumed though.I am thinking this is the play...

This is why development is the riskiest game to play in real estate.

Cant find anyone in NJ to work with... might have to move to miami to work with you lol Rentals in the mid-west has been and is still the play, I am from LI originally, have not touched that market in 15 years.