Assuming I am not depreciating the chattels or heater, etc. just the building on a buy and hold.If I buy a property for $110k this year, and land component is $10k, I can depreciate the $100k as mentioned above. 1) If I sell in 20 years to another investor for $220k and the land is now $20k, their cost base for depreciation is now $200k and they also have full 27.5 years? 

Having the ability for guests to book directly is an essential component of operating your STR at a professional level.

These are the 9 components that each wholesaling company needs to churn out deals on a monthly basis.

I would recommend finding and vetting commercial brokers in this market to help educate you. 1. you have a property that has a dry cleaner which means you have environmental issues to address prior to any other retailers or food user coming in.

Ah yes, thank you for acknowledging the subsidy component in my scenario.  

Depending on the profession, they may also require Professional Liability, Environmental coverage, etc.

@Kevin Melson I highly recommend understanding all of the different components that contribute to the overall picture of the financial health of a property you want to analyze.

Local Lead Inspection means an inspection that includes a visual assessment of a residential rental property, followed by the collection of environmental samples to determine the presences of presumed lead hazards.

You can then define the four components of a property profile.Location - The locations where significant percentages of the target segment are renting today.Property type - What are the type(s) of properties are they renting today?

I usually call him Captain planet as he is pretty passionate about environmental issues.