Buy good areas and buildings in decent shape.

The report is as good as the answers you provide to their questions.The risk is that you answer a question incorrectly which generates an incorrect report.I would have a discussion with your CPA to determine what the land basis is(required to start the cost segregation).I would also have your home inspection / appraisal on hand to answer the questions more thoroughly. 

https://azbigmedia.com/real-estate/multifamily/phoenix-ramps-up-apartment-construction-by-18/There is rapid expansion to match the flood of new people with LA more or less being land locked.

If so (and even if not), I would love any recommendations to a loan officer in the metro Detroit area.Thank you in advance,Aaron RaffaelliDo you have either;A- existing primary mortgage payment history. or,B- 12 month verification of rent payments (as your primary housing)you should be able to land a DSCR loan no problem with that approach.

He was happy to allow me to rent out nightly because it actually helps keep his property in better shape than a long term renter (having a cleaner in there every turnover, short stay guests always let you know when something isn't working, etc) but didn't want to hassle with worrying about a percentage of income/management, etc.

It really helped shape how I think about the guest experience and has a lot of STR application.

While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.

Cities and states with the highest eviction rates:  https://www.foxbusiness.com/economy/evictions-surging-rising...https://www.newamerica.org/future-land-housing/reports/displ....https://evictionlab.org/rankings/#/evictions?

I found a win - win situation for the corporate owner, the rail road land owner, and the community who were plagued by the vagrants steeling and causing mischief.

Is it the same as land trusts ?