Thank you for your reply, Wayne.I hadn't considered that factor. 

In this case, Andrew's ability to be flexible with a delayed closing could be the negotiating factor. 

I don’t see AirBnb able to respond that quickly or efficiently, I’ve sat on hold with them, just to get some questions answered regarding their policies and they took forever and gave me a massive runaround.

Interest rates might vary depending on many factors ( ).

The challenge with what you're describing though, is that there is a large risk factor in terms of your ability to make money. 

I am trying to be creative and buy the place and factor the cost of paying the utilities till the leases are up and then setup new leases where they pay their own utilities. 

20k goes quickly after you factor in closing costs/commissions.

How does an LTV factor in to a deal?

Rent for what the market will yield forever.

So in other words, given the factors stated above are true, would my bonus depreciation that I can recognize in year 1 be $7MM X 20% = $1.4MM instead of $2MM?