About 50/50 success rate. 

Just be sure to factor in interest rates and fees when running your numbers.Know Your Numbers – Accurately estimate rehab costs, holding costs, and selling expenses.

Market fundamentals to consider: population growth, average income, median home price and average rent, crime rate.

The occupancy and nightly rates I provided are for the entire history.

I'd expect those rates in the midcity/southdowns area, but not tigerland/brightside. 

The lender seems to be ok with that, but my insurance agent told me that the insurance will have to be changed once it's in the LLC , and it will likely change the rate.

The key is to analyze occupancy rates, seasonal fluctuations, and what type of properties perform best.

If their interest rate is 4% on those, then they are “making” the equivalent rate of return (4%) as the DST scenario you outlined above.

Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

Then the sales price was so high, it would never appraise.They eventually imploded and I met someone that worked for them, who told me they had almost a 100% default rate - intentionally.Then went under because they were soliciting investors for funds and promising first lien protection - but, selling that to several investors, so the properties had multiple liens for more than they were worth.