Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck. 

However, Form 3115 is still the best way to claim past depreciation in full.This post does not create a CPA-Client relationship.

Overall I felt that it was definitely a good opportunity but for a seasoned investor who's done more than 5 projects or has direct relationships with contractors or is a contractor themselves.

Aim for 720+ for best rates, I suggest start building relationships with your local lenders.

Sure, because when you take rent payments out of the equation you can focus on the tenant landlord relationship and providing the best experience for the tenant.All the best!

Yes but in bulk and only sourced from someone I had a very longstanding relationship with.

I'd love to get more conversation going about the new MA ADU law going into effect Feb. 2nd.

@Arun Maheshwari Richmond and Rosenburg have effectively become immediate suburbs of Houston with the continued sprawl.

While adding compliance costs (filings, payroll), this structure is beneficial, especially for larger portfolios.This post does not create a CPA-Client relationship.

And here is why:Real estate is all about relationships.