If so how did it work out?

Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like.

Usually people have an exit strategy if the STR does not work out and can transition to LTR or MTR

Make sure you are aware that the STR rules do not change in the locality you are interested in, also make sure you have Long Term Rental or MTR as an exit strategy if STR does not work out

I am looking to invest in C+/B- areas for cash flow in Detroit.Last market which did not work out was Denver-everything is extremely expensive with little to no cash flow and minimal opportunity to value add and even with that little to no return.I picked Detroit cause I lived there for several years and still have family in Metro Detroit so make a trip there every year.Any thoughts on TurnKey companies that find wholesale deals, potentially help with rehab and also have PM's to manage?

Every investment company has its own important parameters for how they perform market selection and identify high-quality investments, so we build custom AI models that work specifically for our clients and their needs, automating 80% of routine tasks and scaling businesses without hiring more people.If you are asking about already built-in solutions, then it probably makes sense to take a look at Canoe Intelligence.Hi Denis,This sounds really interesting.

This will allow you to run specific underwriting and projection tools to better assess each option.Remember, owning a property with a pool comes with added expenses, such as heating, emergency and routine maintenance, and higher insurance costs.

I like knowing the Bank President personally and the head Credit officer makes a huge difference with new deals and or if we need a minor work out..

AI-powered platforms can be a useful tool to manage the routine tasks of a landlord such as collecting rent, tenant screening, maintenance requests and tenant communications.

I'm not saying this is the only way or even the right way since I've never done this before, but it seemed to work out ok (so far).1.