As a newbie, you always question whether you're making the right decision, but you just have to push forward after a certain amount of time to prevent analysis paralysis.

Last but not lease, start writing offers and don't get stuck in analysis paralysis. 

I haven't gone into so much analysis to see what opportunities truly exist for BRRR strategies, but on the surface (and despite the different risk profile) it appears that this strategy may be better for developing a portfolio early on to eventually get into an appreciation friendly market.My questions basically are:- What do you think of this perspective on the Las Vegas market?

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elementsBasic HVAC componentsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

I did not know of this time log requirement for STRs, so as a newbie I am going back through emails, texts, phone logs, invoices, etc. to determine how much time I spent on everything.  

I think it's just for text, not to talk with a live person.

You should have documented that in writing, but even a text message from him would likely hold up in court.You post the notice and give them the required amount of time.

I’ve been part of the BiggerPockets community for a while, but this is my first post. Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:
A triplex in MaineA s...

After I signed up for the call I got daily robo text messages from them.

But for most properties, it’s a smooth way to add value and potentially start bringing in some rental income.To give you an idea of what’s possible, I ran an analysis on a project in Sycamore Square, Los Angeles.