. $40k seems excessive for this type of project.

For short-term rentals, the same would likely apply, assuming you offer what others don't AND you have a reliable way of screening for animals that cause excess trouble/mess OR pet owners who are not responsible.

Can anyone tell me if carryover basis restarts at 27.5 years in a 1031x, or is it excess basis at 27.5 and carryover picking up where it left off?

However, I'd advise steering clear of Harris County, particularly in Houston, due to the excessively high taxes.

I spent many years in the insurance business and have never heard of a policy application for an excess, or umbrella, policy to be denied because of a claim, especially a property damage claim.

But it is the excessive side fees that I can never get full monthly rent.

It needs to be intrinsic for a DSCR loan to qualify, or they penalize you with an excess add on fee and/or rate. .Secondly, an IO really only make sense if you're investing in a short-term duration. 

So I throw into the offer contingent on an inspection, clear title , repair cost in excess of $50k and disclosure statement .

We have gone from essentially no retirement, to excess funds while also producing generational wealth for our girls.Your best deals will be found off-market, so partner up with a few realtors in your area.

If you can not find coverage in the standard market, there are excess (specialty) markets that write Group Homes.