These forums are a great place to learn and connect with fellow investors.I’m an investor based out of Columbus, OH.

Happy to connect and knowledge share if you are interested.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

I have just moved into a new city (New Orleans) and want to get into the STR space through co-hosting and really become an expert in the process, what's the best way to gain exposure, connect, contact and gain clients in a new area. 

Let's connect. 

Penciling, comping, and closing deals come easy to me, but now I want to further challenge myself and increase my net worth to pass on to my children by getting into multi-family development.Who I want to connect with- Other DevelopersI want to understand how you are capturing these opportunities, penciling them out, and managing these projects from the ground up.- LendersI want to find a lender that I can rely to provide me a steady stream of debt and who I can show they can rely on me to provide them a good return without dealing with any surprises on my end.

@Cooper Tanquary I'd love to connect if you are still considering ST.

Looking for connections in the area related to all things real estate and property management.

When using this structure for investments, the key is to complete IRS Form W9 properly.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.