Coincidentally, I’m currently listening to the BP Real Estate podcast, Episode 1,054: The Expert Investor: Early Retirement is a Mistake, Rent Instead of Buying.

Being a 20 year mortgage expert and real estate investment veteran, we used our mortgage company to secure below market financing.

If there are non-residential (e.g. retail, etc) we would love to learn

When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.

It’s no longer a question of if your coverage will be non-renewed or your costs will spike, but when.

Some of Invelo's features include:- List Builder- CRM with different databases for prospects, leads, and deals- Advanced marketing with direct mail, ringless voicemail, email and custom sequences- The most advanced skip tracing- REI video training series + expert-led masterclasses- Facebook communityand so much moreAs the founder of Invelo, my team and I are here to answer any questions about the platform.

There are large areas in the direction of the flight paths that do not have dense populations so it’s mostly a non-issue.

It saved me when things got real (hello, crazy boyfriend with trust issues).Security Deposit: Non-NegotiableOne full month of rent as a security deposit (at the very least!)

Based on what you're telling me, I'd also advise you to begin the process of evicting/non-renewing the lease.

I'm expert at retail leasing and sales and commercial contract management.