My understanding is that the bonus depreciation is based on things that have a shorter lifespan than the house itself.

Whether it's hidden gems or established areas, I'm open to exploring various options.Here's where your expertise comes in:- Promising Markets: Based on your experience, which areas offer compelling opportunities for cash flow and appreciation within the $150k range?

Also, here's an update:Spoke to a Property Management Co. based in Northeast Philadelphia:They said that you will have to wait the 4-6 weeks to get the license and then the Certificate, apparently it does take them that long.I also spoke to a Philadelphia 3-1-1 line Government representative:He said alternatively you can walk down to the Philadelphia Municipals building and directly request for Rental License, however, he warned that you need to bring a MONEY ORDER for the dues as well as it taking 4+ hours on a business day.

Should it be based on the lease value or is negotiating something based on my costs incurred plus time and suffering the better route?

It'll most likely be in the southeast unless something local drops in my lap. 

Hi Leanna, Given the work you've put into the property, you can refinance based on its new value without a seasoning period.

Softwares can have differing "freshness" of data based on locations they support.For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month.

You can register your STR's at the link @Carrie Foley provided and the current response time is ~2 weeks based on my submissions.

That 6.1% number is based on 4,089 Charlotte MSA Single Family properties held by a large SFR REIT.

A quick search shows that rents are starting to drop in Raleigh.