First off, the approach that was utilized in the cost segregation study might not be explicitly mentioned within the cost segregation study report.

If you would like to continue to operate as a short term rental, you will need to submit a new STR application for this property and must go to the Board of Adjustment and be granted a special exception for staff to approve this request for a Type 2 STR Permit.The Board of Adjustment consists of eleven (11) members; you will have to get a concurring vote from nine (9) out of eleven (11) members in order to be granted the special exception.

Building a Consistent Pipeline of Distressed DealsOne of the significant challenges in scaling your operations is ensuring you have a steady stream of promising distressed properties.

It's great to be prepared and have your duck in a row but we don't even start discussing eviction until they are at least a month late or behind by 1.5 months of rent. 25% of the time tenants are going to be late and about 10% are going to be late consistently.

I just learned this has now become a voluntary requirement for the time being as there is a court order to stop this reporting.

I plan to be here often but have been listening to the bigger pockets podcast for the last year now, and have consistently been saving to make my first investment this year.

Then what happens is the lender reports your payment history to the credit bureaus and each time hereafter if you ask for another loan and the lender pulls your credit then they are going to see your payment history and whether you made your loan payments or not which will likely influence whether or not they lend you money. 

I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies. 

Consisting of 112 units located in a growing and stable area of Dallas.

I can tell you the money is consistent however approvals, paperwork and follow up is what you would need to be good at.