In ID I dont believe there is any high balance FHA limits that I know of (Coeur D'Alene, ID).Then again I dont think you need high balance limits anyway as the regular limits of FHA 4 unit property are well in excess of 1.4M and Im pretty sure the fourplexes in CDA arent that high unless you've found a unique Specimen of a fourplex house hack strategy.

These can be further broken down into lender closing costs and third party closing costs.Thelender closing costs can include underwriting fee, processing fee, funding fee, origination fee, credit report fee, and tax service fee among others.

A good HI will go over your house with a fine-toothed comb.If you can find an Ex (or Retired) HI that is also Certified, that would be even better, since they will understand the structure/electrical/plumbing systems in more detail than a regular HI...

Are there notable pros/cons to getting the property under an LLC compared to regular homeownership (us)4.

I wanted to reach out regarding a serious matter involving Jay Tenenbaum (and Seth Gershberg his partner), as I know you are an servicer/educator and wanted to make sure people that you surround yourself with don't fall victim to his bad business practices.

It's definitely worth investigating.Yes, you can install motion-sensor cameras to monitor vacant rentals, but they require some paid service to monitor remotely (wifi, hotspot, etc.) 

I am asking because that is a science and often inhabited by regulars who know how to bid you up on the duds if you haven't done it.One tip I would give you before you go into Indiana would be to really take a hard look at your 7 units and 10 doors and see if there are any underperformers in the bunch.

One that I am interested in does allow you to self manage, but does that present an issue with guests who try to call for service or use the front desk?  

The difference between a turnkey and the second option is the cost of marketing, project management, any fixed cost plus the profit the turnkey service company would like to make.

We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?