The beach houses in this area are expensive, and may not be the best investment in terms of rental income, but we would really enjoy going there when it's not being rented out.

Here’s an example of bonus depreciation.One way that you can still benefit from a cost segregation study is by utilizing the Short-Term-Rental (STR) strategy on your property.

I quickly learned that just because I signed a term sheet doesn't mean it's set in stone.

If it's been a long-term tenant, we plan to have them repaint. 

cost: 1,300/mrunway: 4 months = 6,800spread: 1900all in cash: 138,800Income a year: 22800/y ÷ all in cash = coccoc: 16.43%seller sees offer: 250,000sub-to 120,000sell fin: 500 w/ 0% intrest term: 13.33 yearsdown: 50,000

@Ryan DenmanIt sounds like a Reg A offering might work for you.https://www.investopedia.com/terms/r/regulationa.aspI would speak to a Securities Attorney before making any decisions.

Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.  

Our group doesn't want to create a huge number of vacancies, so some of the NOI is being trimmed in the short term.

But if you decide you are going to permit it, you need to have a contract drafted that protects you in case he is negligent or doesn't comply with the terms of the agreement.

I personally have closed on a handful of properties with owner carried financing and have negotiated terms for several million in private notes for clients.