One says it's great for the two main reasons mentioned above, one said it's B.S. due to different state's charging order protections and state's propensity to respect other state's statutes.

One says it's great for the two main reasons mentioned above, one said it's B.S. due to different state's charging order protections and state's propensity to respect other state's statutes.

@Franck Armand, as noted by others, unfortunately, you'll have a tough time sourcing on-market cash flow deals in those respective areas unless you intend to put down a significant amount of capital.

I respected the fact it was one of the first things disclosed to me when we met, when most I believe would lie just to have a place to live.

I would respectfully mention your opinion and findings to them and ask for their thoughts.Keep in mind if you are just now filing the 2022 tax return then penalties and interest could be increasing this number.

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

I understand why this is the case and truly respect those who spend the time and effort into calling, contacting, and convincing owners or already have strong broker relationships.

But you are having to interact with people - and hopefully you do that with the same respect you would want if you were the one renting, versus buying.  

Also, I little head up....OwnerRez is a great software in some respects but is a beast to learn!

Being respectful of the tenants and their privacy is important in MF transactions.