Obviously you will also want to walk all of the units physically during your due diligence period to see the condition of the apartments inside.

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

Also a general description of the units physical status. 

However Id like to know what are some data points and minimum criteria you look at in a market (like a 1% job growth YoY) to feel informed on your decision making processalso if you go to the area what are some things you look for physically that would be a good sign 

They offer bulk rates which can be useful if you're dealing with a sizable list.PropertyRadar: Apart from skip tracing, this platform offers a suite of tools for real estate professionals, especially for those in the western US.Tips on Other Types of Lists and Marketing to Homeowners:Driving for Dollars: This involves physically driving through neighborhoods, looking for distressed or vacant properties, and then noting the addresses to look up the owners later.Probate Lists: Properties in probate can sometimes be acquired below market value.

., one of the many relevant laws is Equal Housing Opportunity (EHO) which forbids discrimination on many bases including - you guessed it - physical disability.If you intend to discriminate against a U.S. citizen who otherwise meets the income requirement you have set up in your business, you'd better be able to defend that action in front of a circuit court judge.By the way: EHO is a Federal statute.

I started to see my real estate investing change when I physically got around other like-minded investors as much as possible. 

These are very expensive, but you have little choice.If this is a construction project, such as a flip, ensure the property fence and other physical protection are still in place.

BP has a lot of useful resources to help you, I have found the most useful thing for me to do was to actually attend a physical meetup or two as it lets you brush shoulders with others in the same shoes (or have been in the same shoes in the past). 

Has to be done physically at the courthouse.I have just been mailing to all probate filings without checking to see if their is property in the estate.Looking forward to hear what you find out on postalimpact.com