My understanding is that the bonus depreciation is based on things that have a shorter lifespan than the house itself.

Whether it's hidden gems or established areas, I'm open to exploring various options.Here's where your expertise comes in:- Promising Markets: Based on your experience, which areas offer compelling opportunities for cash flow and appreciation within the $150k range?

Should it be based on the lease value or is negotiating something based on my costs incurred plus time and suffering the better route?

Should I be posting construction loan draws to the WIP account as a journal entry as well? 

Buy 4 more properties - one approximately every 3 months, based on the following logic = always fill existing property with a tenant prior to moving on (I'm new, and this is my way of managing risk); build resources to purchase next property (I have pretty decent purchasing power right now through conventional lending with my current job, and I also have a private lender ready to loan on my next property, and I also get a quarterly commission check that provides a nice financial bump every 3 months); finding a property takes time, but it is worth it to find the right property in the neighborhoods I want to invest in, at the right price.

Hi Leanna, Given the work you've put into the property, you can refinance based on its new value without a seasoning period.

Softwares can have differing "freshness" of data based on locations they support.For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month.

You can register your STR's at the link @Carrie Foley provided and the current response time is ~2 weeks based on my submissions.

That 6.1% number is based on 4,089 Charlotte MSA Single Family properties held by a large SFR REIT.

You don't necessarily need a really built out one though - even just using an AirTable base (there are a lot of free templates out there) would probably give you what you need to stay organized.