Before you decide to pull the trigger with any Bank/Lender make sure the they are well versed in DSCR guide lines and close more than a couple a month. 

I'd take a trip down to persuade him but then I would be the one in trouble for expecting the idiot to actually be a man and hold his end of a deal. 

The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....

Unless you have a very strong team on the ground, I would not recommend investing in EC.Hi Vadim,Seasoned investor but made a trip down to Cleveland a couple months ago to check out opportunities there and hence made the decision to invest in East Cleveland mainly for cash flow. 

Pretty much the core of the STR business.Higher your rank gets, you can increase your price and be more picky in selecting customers which usually lead to a better review / less party or complaints / less expense and higher profit with a happy life.I know some people will argue, but the ranking system is the truth and should be the only guide to your STR journey. 

Start with BiggerPockets Ultimate Beginners Guide (free).

Those records not only helped with tax filing but also guided future projects by showing what provided the best ROI.

it has to be worth a few trips there.

It's often beneficial to consult with a real estate professional who understands your local market to help guide your decision.Best of luck with the sale!

Next, I'd start looking for a market that will fit your needs & do some research on the market's economic divers / population rates & other things pushing the market to grow & take a trip out there to get a lay of the land.