You will see you hit a road block very quickly on your cash or equity to do the next deals.  

Hey @Eric Andersen, so there are a lot of regs in the DFW area.https://www.fortworthtexas.gov/short-term-rentalsRentals are not allowed in residential districts: A-#, AR, B, R1, R2, CR, C, D, UR.Dallas recently banned STRs in single family homes but there was an injunction that blocked it.

So for this industrial and manufacturing boon to actual take places the states are going to be a huge determining factor. as someone else mentioned the gov of MI being a stumbling block ( I dont know her stance or if its an issue or not)..

Sad, as I am sure I would like the views and the area, but it makes perfect sense practically, financially, and legally.Just curious but what color is the sky in your world John? 

That kind of neighborhood, lol.Some say its the wrong side of town, some local residents proudly defend it.Public golf course a few blocks away.Apartment rents for $635 + utilities.

Or I could require them to buy area rugs and put this requirement in their "pet addendum" leases. i am leaning toward doing it myself and letting them pick the color.

I am by no means a cost seg expert, but I have been around the block a few times to know that in most cases, a $500k property value is not worth the efforts for a cost seg study, mainly because the investment strategy for the investor may change out of option, or necessity and depreciation recapture becomes a risk.Why take on any risk without extreme rewards.These cost segs are more appropriate for large commercial buldings where the early tax deductions assist the owner during the times when the holding costs are higher.

Rather than spending time finding and closing real estate deals - I have to set aside blocks in my day to perform detective work because Marcus Mullings made a conscious and premeditated decision to cheat me out of thousands of dollars.

Folks vote for no more STRs, they are gone and you are out of luck.If there is a large block of condo's owned by a single entity, like a wealthy family or corporate entity, you are also in the same boat.

You have great credit scores with good financial history and im sure would pass with flying colors for character.