There are challenges everywhere for different reasons -- weather, building codes, tenant culture, competitive market, high cost of labor. 

I am always looking to build my network.Best,James

If you sacrifice short term profitability on your PM company for the long term benefit of building the PM company that will manage your future portfolio it should pay off.

And what's the long term vision: Is this 1 house or you plan on building out a portfolio?

What a cost segregation study does is it analyzes a property and breaks out the depreciable basis of the property to more than just building and land.It will try to identify assets that are eligible for 5, 7 or 15 year asset lifes which would be eligible for bonus depreciation.Whether a cost segregation study will help you depends on your tax situation.High level, it will help you in two situations1) Your rental property is active and you can offset the losses against other forms of income.2) You have a lot of passive income and you want to increase your passive losses to offset your passive income.Best of luck

This is a mixed-use building with 3 residential units and 1 commercial unit.

Hello, we had a tenant move out that we inherited with the building.

Just search for "Scottsdale building permit fees". 

I used that color scheme on my recent BRRRR and notice that color scheme on new build homes they are building in my  area.

The day before the job, the building dept said “they never pulled a permit and their license expired years ago”.