Therefore the property types that are the most favorable to generate bonus depreciation will be those with a high degree of what the tax code refers to as "land improvements".

The reason for this mainly of because I can get a bigger loan on the house we have just built, than taking a ground up new construction loan on the rental we are wanting to build next door as well as my experience with ground up loans is zero -  a lot of lenders look at land and don't' give value to it, you need to establish the fair market value of the land through a transaction.

Based on your question it is way better to just hire PMC.

In addition, the deals will be based on long-term rental outlook, but we are going to see how a mid-term rental strategy pans out for the higher cash flow in the short term.

Based solely on my experience, I recommend them as a reputable lender.

I’m a Houston based builder.

@Rick Albert That is a great idea, the problem I am having in CA is that the lenders I’ve spoken with have told me I don’t qualify for a necessary loan amount based on my income, even if I were to do a house hack.

Besides finding a good investor friendly real estate agent, if you're strapped for cash, then door knocking is a cost effective way to land some off-market opportunities.

I was recently informed that there are portfolio lenders that don't do a credit check, don't require an appraisal (possibly BPO), or tax returns, etc and are truly asset based.

I use the term notice of interest, but it's essentially a lien against the property that is based on how much we essentially lent the homeowner to renovate the home.