For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

During my 6 months using their services, I lose $15K on one deal, make almost 0 on another deal, make $10k on the last deal.

$50 minimum last time I checked. 

I would look for comps of similar properties sold in the last 6 months, as similar as possible to the subject, and as close proximity to the subject as possible. 

I completed 16 BRRRR's in Mephis, TN last year.

Loved your last podcast!

Mortgage interest rates are not “calming down” as I said last week.

No appreciation last two years due to rates.

Keep in mind, the transactional costs of selling a property in Philadelphia with the high transfer taxes and brokerage fees (althoug these are expected to be reduced in light of the landmark NAR settlement that occurred yesterday), adds additional transactional costs, especially in instances where the home was purchased as recently as last year as is the case with your home.

Lastly, review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!)