Assets identified in this study include:Building systems: water heater, electrical distribution, HVAC, plumbinPermanent Fixtures: windows, doors, bathroom fixturesStructural Components: Roof construction, drywall, wood framingInterior Construction: Wood flooring, stairs, ceramic tileThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

Many times the applicant will tell or show you what they are supposed to receive, BUT many times they haven't actually been receiving that money like they are supposed to.

Applicant is ok to show me in person his account information on his laptop, but doesn’t want to put his user name and passwords to those sites into RentRedi application.

One of them has a great application, and the other has a poor application.

It is important to keep in mind that DSCR is just one factor that lenders consider when evaluating a loan application, and other factors such as property condition, location, and market conditions also play a role.It is also a good idea to consult with a financial advisor or loan officer to get a better understanding of the loan requirements and to get an idea of how your investment property will be evaluated by lenders.Feel free to reach out if you need more feedback, happy to help.

Alternatively, I also help landlord/investors rent out their properties and can help place tenants (complete with the application/screening/viewing process). 

Love to use recommendations from people I know and trust if applicable.

Quote from @Linh Pham: @Josh Skyer You mentioned you posted a listing and got 100 applicants within a week.

If you have $50k, $100k, $500k or more to invest then the above is applicable.  

I also just found out my Tenant lied on his application and was supposed to register as a sex offender YEARS AGO!!.