Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Do the Zillow and Apartments.com screening applications count as a PTSR?

The park's rules requires at least 1 member to be 55+ on the application, so it appears that the co-applicant could be under that age.

I think the best application of your time is focusing on how to strategically build your network/team in the locations you want to invest in, and how to scale your portfolio over time. 

I hired a broker to help me process the application and prepare a lease.

To get accurate and up-to-date advice tailored to your situation, it's highly recommended that you consult with a qualified tax professional who can review the specific details of your syndication investment, your financial situation, and the applicable tax rules to provide accurate guidance.

Of course you don’t get payment until the application and process is complete and approved by the committee then you allow them access and that’s after they paid the SD.

I always sent a link with my application (basic info of who will be staying at the property) and I get a signed lease from all parties.

If you get tired of Quickbooks online, you may want to consider Quicken Home and Business (about $150) and is available either as a cloud application or downloeadable as a desktop application. 

The three most common approaches include:Cost approach: An estimate of the replacement cost less depreciationIncome approach: Calculation of estimated potential rental incomeSales approach: Uses comps of recent transactions on similar propertiesBe sure you are leveraging the tax incentives availableIdentify any applicable tax incentives available for commercial properties - historic tax credits in certain areas, opportunity zones, environmental sustainability, etc.Understand available tax deductions, credits, and rebates - Tax deductions decrease the taxable value of a property, tax credits directly reduce your tax liability dollar for dollar and tax rebates are a refund of taxes paid under certain conditions.Utilize a cost segregation study - Cost segregation allows you to reclassify assets into categories with shorter useful lives, therefore accelerating depreciation and creating tax savings.Leverage energy incentives and deductions - Look into the Section 179D deduction and how you can save on tax by meeting certain standards to make your property more environmentally friendly.Best practices for commercial real estate owners and monitoring their property tax regulations:Plan proactivelyWork with a professional to receive guidance on complex regulationsUtilize specialized software tools to drive efficiency and compliance.What questions do you have regarding property tax valuations?