In order to accelerate your depreciation, a cost segragation analysis is needed which inclueds a site visit and all the items you mentioned plus more are itemized and included in the depreciation shcedule of 5, 15, or 27.5 years (residentially speaking of course).A cost seg company will also go over the report in detail with your CPA as part of the service.

They will help you with these details.

Please give a detailed guideline as much as you can.

An REO is Bank Owned asset and is no longer a type of paper product,Non performing, scratch and dent and performing loans are sellable but are quite different from an REO type of saleLoans have a much greater due diligence effort as each hard copy of a loan is detailed with section 32, TILA, Note Riders etc...

Sasha174,In response to your questions, can you provide a few more details?

investers sounding desperate or motivated to buy on here are posting on here what they want to buy in detail, but, i get great deals, exactly what they want, and then ???????

Good location, some rooms are in decent shape, Craftsman-style details throughout.

Waiting to inspect every little detail can often result in losing the deal to a more confident investor.

Haizlip, thank you for your detailed reply.

I'd rather not go to a lawyer at this junction...don't want to waste any money.Eventually I'll go into more detail about what the site is and what we will offer.