For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Any literature you found particularly helpful for understanding all the components of the process and how they work together?

Have your lawyer, environmental company, lender, site inspection company, consultants, title company and management company ready to go prior to making an offer.

Principal, Interest, Taxes, and Insurance (PITI) - are the four components of a typical mortgage payment.

An interest rate cap is essentially an insurance policy on a floating interest rate loan.This caps/limits the maximum interest expense exposure for a borrower using a floating-rate loan.Lenders also benefit as they can require an interest rate cap at a rate threshold that helps ensure the borrower can service interest payments comfortably, limiting the risk of non-payment in a rising interest rate environment.Floating interest rate debt has 2 components:✔️ Benchmark Index✔️ SpreadBenchmark Index + Spread = Total Interest RateThe interest rate cap will set a maximum threshold for the index used.Let me know what questions you have about interest rate caps below!

You immediately lose the capability of putting together a solid team, where every component of your team is the absolute best option in that area. 

Focusing on learning the process and components of it.  

As long as we're accurately estimating future cap ex expenses based on present condition and replacement cost of each component & the previous rules apply this works out.Maybe all of the investors that tell us not to do it are trying to keep all of the best opportunities for themselves ;)Here's a mind-blower: I just picked up a 3plex that was fully rehabbed but vacant, owned by an older gentleman who was simply done with the enterprising stage of his life and wanted to rest.

Opening a sand quarry, for instance, requires proper zoning and a permit that may include environmental impact studies.

Well, one thing I know for sure... if you are going to buy AuntieJamaima's phone I shure as frog guarantee that before you whip up your wallet, you will make sure you find reviews , testimonioas, specs on the iPhone, make sure they are using legitimate chips and components etc. etc.. right?