In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.

I specifically want to call out one of their Senior Accounts Associate, Charlotte Cunningham, who helped me through the process on my first purchase as I needed to buy a sizable amount of furniture quickly and she was able to help me make moves quickly...and didn't make me feel bad whatsoever when I pulled back a few items at the last minute I was able to find them cheaper elsewhere.

I can be wrong on this, although I have shopped around plenty. 

Your insights can provide valuable context.Would you like more specific advice on any aspect of the appraisal process?

Building department can advise on specific next steps - municpal hearing and presentation of plans will be required in most cases. 

If you are going to be doing the rehab work in exchange for equity then that value needs to be determined up front with a specific timeline that you have to adhere to in order to earn your equity.

Jace, what specific areas are you investing in?

Connecting with other local investors can help you learn the ropes faster and avoid common pitfalls.If you have any specific questions—whether it’s about neighborhoods, property types, or what to expect—I’d be happy to help.

Specifically, what research results told you these were two good cities to invest in?  

My biggest advice for people would be as follows.Know why your in the real estate game, and why a specific niche.