Without knowing more details about the specifics of the project being proposed as it relates to your property, it's hard to say if there are any obvious big red flags that could negatively impact your property's future value.That being said, I would try to find out as much information as possible about the new apartment building's design and layout - the two big things I would try to ascertain would be the location of the garage entrances/exits, as well as the location of any outdoor amenity spaces (pools, terraces, dog runs, etc).  

I appreciate the detailed response! 

I am more than happy to give you a lot of detailed insight and my experiences, but before I do a long write up I want to make sure that you are still on here and will see it. 

does anyone know where to find specific details regarding the 30 day and under qualifications to be eligible for bonus depreciation.

Details below:-This would be our primary residence, not an investment property (but it does have optionality via an ADU setup)-The seller is interested in selling and relocating out of state in 2 years when they retire-We have a primary home (that has been a cashflowing rental) in the same town.

Over the years, I've gained invaluable insights from this incredible community, and I'm eager to contribute and give back.As the founder of Data Led Designs, I specialize in business intelligence and interior design, focusing on leveraging detailed data to inform STR investment decisions across the US.

Can you give me more details of what you mean by a participation agreement? 

I am happy to discuss this in further detail as well!

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Here's a bit more in detail about how rates are calculated for DSCR loans:1.