This is essentially a cash-out refinance post-closing. 

South of Edgley and north of Cecil BThats where the students typically are looking as outside of that radius is rough. 

The IRS typically requires the property to be placed in service as a rental property before you can start claiming depreciation.Once the property is converted to a rental and placed in service as such, you can then conduct the cost segregation study and claim depreciation on the rental portion of the property.

They are the experts-thats why we pay them through our nose -more than 25 K -and he refuses to modify a mistake he made that was pointed to by the contractor As many have attested to in this thread (Architects included), typically Architects do not do plumbing drawings.

Additionally, I'm interested in understanding typical STR fees to help estimate cash flow.If anyone is willing to share their experiences or offer advice, I would greatly appreciate it.

Future residents could essentially buy out their units and fund your build. 

-your first few years after a purchase are typically a stabilization period, and you IN-vesting your money into the property. think about how long it will take to recoup all the costs i just mentioned.

Typically, DSCR rates are about 1% higher than conventional loans—not the 2-3% range you mentioned.

You're essentially buying into a partnership with your friend with the partnership owning and operating the property.Now, the financial side of that gets more complicated and would generally include an advanced proforma/financial model that includes a GP/LP equity waterfall schedule that is based on how you and your friend agree that you will pay her and also share the profits.I assume that won't make sense to you right now, but I'll send you a DM.

My rationale: - Office is essentially not trading right now on the market.