Hi all,I am new to the real estate world and my primary purpose in posting this is to introduce myself to fellow investors and agents in the area.

Thanks Jason, this is really great input.

If you're looking at this from a distance, connecting with a local property manager could give you a clearer picture of what to expect in terms of tenant demand and property management challenges.Let me know if you need any more info or want to chat further about this.I hope that helps

Congrats - do you ever think you'll expand a buy a true standalone STR of just happy with this current situation?

Just heard of this group today from Bryan Field.

Thought it could be of huge value as I made this purely from needing it myself when I did my first fix and flip project.

For inspiration, you can check out sites like Slidebean, PitchDeckHunt, or Canva (I use this personally), which have sample pitch decks and templates tailored for different industries.

There is way too much liability in placing this type of tenant.

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?