To do this, divide the cost based on the ratio of the fair market value (FMV) of each asset to the total FMV of the entire property at the time of purchase.If you are uncertain about the FMVs of the land and the buildings, you can alternatively allocate the cost based on their assessed values for property tax purposes.Source: IRS Publication 527 (Residential Rental Property)

Based on your 1031 experience/knowledge, do you think this scenario can justify selling it as 1031?

Your instinct not to reply is valid, especially since you already have a strong base of positive reviews.

Based on your description that the chimney is barely holding on, the $1,800 doesn't seem too high.

I took a look at the listings on their website.Most of their inventory is 30+ min from the 'downtown' area.Seems like they charge $400 - $600 a bed in Dallas and Houston + a move-in fee to the guest.It would be interesting to know what their management fees are.You should be able to make money based on those numbers if they have a nice occupancy rate.I personally wouldn't rent from there because I prefer my own space but there are definitely people out there that like to save a couple hundred on rent or even enjoy having roommates(Company) around.Best of luck!

I never hear of anyone going to certain title companies over others because of fees, its generally service based decision making. 

This also means 5 sources of CF.Appreciation is based on the PV, not the equity. 

The thing is, emotional support animals aren’t the same as service animals, so they don’t have the same legal protections, but they still get some coverage under housing laws.Now, you can ask for documentation to verify the need for an ESA, but it’s a slippery slope when it comes to denying the request based on your suspicion of the letter. 

I have an applicant that I should have out-front denied based on income, but I approved them and tried justifying it in my head.

This might be my favorite color scheme.