But the real test of this company's character came with the most recent loan I tried to close with them.First, I thought the loan rate was locked, and it was not.

You run the numbers on the project and stress test it.

The financial of property is good:      DSCR = 1.3; LTV = 45%;Both my liquidity and net worth passes Chase's test.

The deadline to file for properties purchased in 2024 is January 31, 2025 for the benefit to roll forward this year..Other Important ConsiderationsThe exemption doesn’t apply to agricultural property, personal residences, or property assessed by the South Carolina Department of Revenue.Even if you missed the initial deadline, you might still qualify for partial benefits in future yearsHow to Apply for the ATI ExemptionApplying for the ATI exemption is a straightforward process, but it’s essential to act quickly and provide the necessary documentation.

@Asher M.Possible, yes but like your lender pointed out it's going to be difficult to pass the self-sufficiency test (SST) for a legal 3-4 unit property.

I will occasionally test out swapping and using RankBreeze to track any difference, but I usually go back to my favorite hero photos and top 5 anyway.  

I pay a neighbor's kid $10 a week to roll 2 cans down to the street and back. 

Getting into these properties as a non occupant coborrower (all the money invested to get in was mine) was a less cash heavy way to get into the properties versus as an investor.I already have great equity in these properties and prices continue to up.Sounds like, so far, the consensus is to sell the properties and roll the money into other non-condo units.

Quote from @Samuel Kim: Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation.

The checks have, so far, just kept rolling in.