Some areas require a C of O or certificate of occupancy for 2-3 years before applying or issuing a STR permit.

I wished your firm had told me that before I hired you because at that time everything was so logical and O loved the statement, “ we will take care of everything for you and you will have a worry free investment business”.

@JD Martin, so basically, using a concrete company w/o their own equipment is unwise.

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It is not "ready" to rent until those renovations are done and you haev a C/O or permit sign offs ect. 

The preliminary analysis can have lots of data, so it's important that the provider thoroughly review it with you to explain what depreciation tax deductions Cost Seg study provides and what depreciation benefit you would get w/o Cost Seg.

There's < 2 months of seasoning for the purchase, cash into the deal is ~$975k w/o rehab (minimal planned so far - turnkey), purchased the property for 35-40% below assessed value, 825+ FICO, and would optimally like to pull out $975K-$1.15M of equity.Main scenarios we've thought of to accomplish this are: 1) structure sale of property from SMLLC to self and secure 30-year new purchase financing on deal (unsure if legal and tax implications if above initial cost basis)2) delayed financing (LTV restrictions a concern)3) cash out refi (seasoning concerns)4) DSCR (seasoning and rate competitiveness concerns)5) one of the above plus a HELOC, personal loan, etc.?

@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.

They gave me very competitive rates for my STR in Kentucky, not sure if they do CA.

I was thinking a percentage split or different take o on a short term  loan with a buy out at so many months.