I am in the research process for a multi-family unit.

@William Stephen UrenWelcome to the community and be ready for a huge amount of information at your finger tips.

This deal showcased our streamlined process and Erika's keen market insights, resulting in a swift transaction and a substantial profit.

Third: even if your new toy qualifies for a huge depreciation deduction, your allowable deduction may be limited, and may even be zero.

Great job on the due diligence or Operational process you have going.  

Would love to hear more about your thought process as I’m prepping for my first multifamily deal, too! 

Call and find out exactly what uses your property is eligible for before you do your underwriting because it will make a huge difference. 

I'm actively working through this process somewhat now so I can roll funds into a bigger boutique hotel project.

This will allow the team to develop and review project processes and management strategies to move forward with more challenging, yet rewarding, properties.I come from a very process-oriented background (Mechanical Engineering), and my goal is to learn and develop each step of the process, from start to finish, to continuously improve the team and ROI of each project. 

The city of Chicago has made a huge push to get rid of any lead service lines, so it's no surprise you have to mess with that.