Now I've got a property under contract:$78K purchase$35K in development of utilities.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

WHAT ARE THE DIFFERENT METHODOLOGIES UTILIZED IN A COST SEGREGATION STUDY?

Be prepared to show a lease, some utility bill, or credit card statement showing you live somewhere else.

The best thing to do here is utilize what's called a DSCR loan.

However, in my state utility shutoffs are not allowed in winter and that gets people confused sometimes. 4.

Think there is some substantial validity in this, but do you think it could potentially be utilized in a different fashion?

Tax savings are amazing and I have utilized cost segs myself, but you also have an opportunity to make an amazing return on your money in the Tampa Bay market. 

I also realized that I don't have to pay any utilities at all with single family homes.

Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

The house had the utilities turned off for the 6 years, and was filled with the original 1 owner's furniture, clothes, appliances, car and ecn food in the frig (without elctric on for 6 years).