Some gurus tell practicioners of sub-to to hide transaction from the lender by saying the lender doesn't care as long as the payments are being made.

Quote from @Anthony Klemm: Quote from @Dominic Mazzarella: Quote from @Anthony Klemm: Newbie here with some questions...I've been reading a bit about syndications and how they function as a whole.

You can read about the differences here: Cost Segregation Study Approaches ExplainedLet’s first start with what the approaches:Detailed Engineering Approach from Actual Cost RecordsDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling Approach"Rule of Thumb" ApproachSo which of these approaches is required by the IRS?

Reading and watching BP podcasts to learn.

Again, there are a lot of things that you are implying about our business on a platform where the information will stay for others to read in the future.

Who cares?

Thanks for taking the time to read this.

Spencer: read this about 6 times...

I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow. 

I have 0 experience managing STR properties, but lots of experience using Airbnb from my travels 😅 I am halfway reading Avery Carl’s book on STR.