I’ve notice there are several extended stay hotel.Any location within 30min from my home is acceptable for me.I think 77388 might be good as well.

Theyre just ARMs with a different name and a one year adjustment period.

Most real estate sales have two negotiations: The first before the contract is signed, and the second during the “inspection period.”

For a Lead Safe certificate (which shows that lead dust levels are within tolerances and has to be re-done periodically, as opposed to Lead Free, which shows that there isn't any lead to worry about and doesn't have to be renewed) almost all scenarios can be remediated by cleaning or repainting (followed by cleaning, of course). 

Is this a building you see yourself owning for an extended period of time and/or if you were to sell the building will there be a satisfactory return on the heavy lift capex  investment that's necessary?

In other words, the IRS gets the bigger of the redemption periods - and no party gets a longer redemption period than the IRS when you look at it that way.

Is there a typical minimum period where the penalty applies, like 3-5 years?

Extended the kitchen island and added a wine fridge.

Extended the kitchen island and added a wine fridge.

A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.