That’s a normal path when people don’t do the study in year 1.Why that matters for youSince you’re planning to qualify as a Real Estate Professional in 2026 (and presumably materially participate in that rental activity in 2026), doing the cost seg in 2026 lines up better — that’s the year you can actually use the big deduction against other income.

I do qualify as a real estate professional. 

Seeking expert help for the initial lease is very advisable. 

My understanding is TN is a common law state which muddies the water when seeking advice on how to form such a business. 

Reality is insurance has sky rocketed then the sea side towers related inspections has led to special assessments and further increases to HOA monthly fees.Income to value ratios that could work in much of the country do not produce the same results in Florida.Best wishes The example I cited is non HOA non flood zone - I avoid those 95% of the time for the reasons you outlined, but sometimes I have specific requests from a non ROI motivated investors seeking waterfront and/or condo so they cannot always be totally avoided, but if you are seeking to avoid them as I recommend there is plenty of opportunity if you know where to look!

It's taking too long, the lists don't look professional, they don't list on a variety of sites, and the process for showing a unit is equally tedious.

Hey all,I seem to keep running into this issue so thought I'd seek advice.Using NOI formula to value a building, you have Value, NOI, and cap rate. 

Quote from @Vincent Geshawn: I am seeking feedback on your experiences with dealing with them in any capacity.  

I don't own any properties with asbestos siding and I have my concerns, so I hired an asbestos professional to go check it out, grab some samples and conduct testing.Still waiting to hear back from the Asbestos testing but I wanted to know if anyone here has experience, knowledge and or own any properties with asbestos siding?

I recommend using professionally engineered studies over DIY studies, in case of an audit.