First, hopefully you communicated with your Landlord in the beginning about the short payments and didn't just not pay as usual.

Hello, before I give my story, my wife and I are looking for a 1-2 bedroom apartment we have a monthly budget of 1750, we both have poor credit, my wife Ariana, Graduated from Brown University last year, she will be 48 in May this year and is currently an Operations Manager II at kent hospital through Sodexo, she makes 75k a year, and approximately 4500 after taxes a month, she has no criminal history, as to our poor credit, we had to choose between paying our rent and electricity during covid, or pay our credit cards, we have never missed a rent payment, and have lived in the same residence for the last 4 years with no issues, we are looking for an apartment because our landlord wants to renovate his building. with that said...I am writing to proactively disclose information that may appear on a background check.In 2009, I was involved in an incident that resulted in a felony charge.

We have a lender saying we cant use cash as a down payment for a house, and that we would have to distribute the money to family/friends bank accounts then get them to wire the funds to the the lender.

As you mentioned, residential properties depreciate over 27.5 years, while non-residential properties depreciate over 39 years.If your short-term rental only averages 30 days or less as an average rent period, it would classify as transient.

Something else is at play here, either massive non-real estate business losses or an error in preparing this return.

You will literally never get a good product from guys like this.Second -  Never, never. never let the Contractor get ahead of you in the progress payments.

Paying extra on the mortgage will not lower your payment. 

I tend to prefer nicer areas for the house hacks because the difference in down payment between a $100k building really isn't that much from a $400k building when you are only putting 3-5% down.

Fast forward a few months, and they have non-paying tenants who are wrecking the place, and a MIA property manager who (understandably) won't put in the ENORMOUS amount of effort required to manage a property in a C or D area for a small-time client from another state.

The first step when asking a tenant to vacate is to post a non-renewal notice.