Plus, there's a niche to be filled by offering the smaller homes - boyfriend/girlfriend, recently engaged, temporary out of town workers, and just plain single people.The 2/1s tend to have more turn over than a 3/2, but it's a niche that many investors overlook, and still a good segment of the housing market.If the numbers work on a 2/1, I would continue your due diligence and proceed if everything makes sense.

Services like ZipCar in my humble opinion are just a temporary phenomenon.  

The big one is depreciation which is just(Purchase price - land value) divided by 27.5 is what you get to deduct as an expense for 27.5 yearsThe other one is QBI which at the moment is temporary for ten years but essentially a 20% deduction for business income as long as you meet certain requirements like time spent on working for the business etc.

Often times clients want to test drive a neighborhood before committing and are looking for temporary placement but with all the comforts of home.

I did not realize it was only temporary that they show distributions.

Mike,  you are using a HML for buy and hold, but you are still refinancing with a bank, so the HML loan is only temporary, until you refi., correct. 

When the temporary prop up rom cash to new buyers expired, the loan apps went down 30%.

This is just a temporary situation, I'd just hate to miss out on a deal because of it, especially when it would make such a difference, you know what I mean?

They are usually considered temporary structures and should bring more nightly than camping.

So, always better to think of the depreciation deduction as temporary delay of the taxes rather than a true tax deduction.