The date you are able to take depreciation is when the property is ready for renting (i.e. advertising for rent or obtaining a certificate of occupancy).

Mainly because they advertise saying they have been investing over the last 15 years and been wildly successful.

My mark up is always lower than the direct lender because I don't spend money advertising during the Super Bowl or buying a private jet for my CEO, and we don't have layers of management we need to pay.

Great resource for advertising your property, but not so great for screening. 

How do you advertise your vacant units?

This is similar to what Clayton Morris has been accused of recently: https://www.nytimes.com/2019/09/10/business/clayton-morris-indianapolis-fox-news.htmlI believe the FTC should be involved due to the advertising side of this alledged fraud.

I spent a decade in advertising, before founding and running a custom wood shop for another decade, so 'm pretty good at the self-promotion.I agree with you that the more gorilla approach would be most effective and that's actually what i've been doing – calling RE agents in my service area with active listings, introducing myself to property managers and leasing agents...To answer your question, I will have to handle the work myself for 6-12 months to build out the SOPs and field service management systems, but I have a lot of relationships for those looking to "do the work".I'll check out the meet up and would love to grab a cup of coffee, I'll shoot you an email.

Is this advertising?

If you want a more accurate estimate for rent, use any platform and zoom into your local neighborhood and see what similar properties are advertised for rent.

How do you advertise your vacant units?