We converted a old restaurant on the property to a coworking lounge, redid the pool and built out the roof to a entertainment center with fire pits, lounges, bubble chairs, barbeque, large screen TV, music, yoga mats and amazing views of the ocean and city lights.It is designed for coworking/coliving for business professionals and entrepreneurs who want to...Live where they work.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

What made you interested in investing in this type of deal?

Rented for about $725 per month way back then.What made you interested in investing in this type of deal?

The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.

@Robby Sanchez rules of thumb don't work, as others here have stated. 

It sounds like the issue is with the Debt Service Coverage Ratio (DSCR), which lenders often use to determine how much they’re willing to loan.

Quote from @Melanie Baldridge: Real estate is one of the most tax-advantaged investment strategies out there.

How is the real estate in a landlord friendly state of CA?

Pay to have a GC walk with you to understand the scope of work needed for deals.