I wanted it for a rental and knew that the size of this huge thing would be difficult for a tenant to rent and heat through the winter.  

It's a special product.Regarding not having a standalone HELOC product, in 2022 during the heat of the low rate boom we did suspend our standalone product, and I can absolutely understand how that leaves a bad taste.In 2024 we are now a leader in the standalone HELOC and Closed End Second(CES) space! 

That makes sense, I feel like I have seen alot of heat around the sector between GPs and LPs so that is great knowledge to know to avoid that in the future.

Try leaving a plate of Canned tuna fish by the door outside with some water.Your cat is probably not too far away, may be visiting a girlfriend cat who is in heat or something And snoozing outside in the bushes near that house.

I was concerned with heat pumping and windows open, too. 

For future years, we probably wouldn't meet the 500 hours test (though we still do participate a significant amount as we periodically re-stock supplies at the place, handle most maintenance issues due to shortage of workers in the town, and monitor sensors during guest stays - leak sensors/heat/stove).Specific Questions on Depreciation:Assuming that I have the qualifications for non-passive activity, I then have some questions on bonus depreciation and related stuff.5) It is my understanding that Qualified Improvement Property (QIP) bonus depreciation is probably not useful for me because I did most of the renovations prior to placing the property in-service (save for a few things).

It's a special product.Regarding not having a standalone HELOC product, in 2022 during the heat of the low rate boom we did suspend our standalone product, and I can absolutely understand that wasn't ideal!

While shopping for a small multi-family building (3 or 4 units), I would like to get an inspection of the building to get an estimate of repair costs if any problems are found (foundation, roof, electrical, plumbing, heating). 

If the heat and ac are off a few years of 100 and then minus 10 isn’t good for a house either. 

But the market is getting over heated and it will be interesting to see how operators fare out over the course of the business cycle as they exit their opportunities over the next few years.