They want the cheaper version where they aren't responsible for any improvement expenses. 

Our DSCR programs go up to 80% cash out and have NO seasoning requirement as long as the property is improved, which is the case on your deal.Would love to jump on a call!

Also, note that a lot of the home improvement box stores have a credit card with 0% for 6 months. 

Bonus depreciation and Section 179 allowances for improvements can be utilized, with the latter, however, capped at zero to prevent negative losses.

DIY Cost Seg had nice functionality for adding any improvements you made to the property by category (HVAC, Electrical, etc.).

I am huge supporter of agents and the industry (and there are areas for improvement).

For example, my first property in Seattle was a $350,000 property, separating the land value ($150,000) from the improvement value ($200,000) enables an annual depreciation deduction around $6,000 over 27.5 years.

The city has seen significant improvement across various areas creating a diverse market with distinct A, B, and C neighborhoods.

If you realize profit, sales price - purchase (and some adjustments for closing costs and capital improvements), you have taxable income. 

MiSTRA - the newly formed Michigan Short-Term Rental Association, does not support these bills as currently written and testified against it - we did a good job to be balanced and offered some ideas for improvements that could be much more favorable.