The 10 doors are also not appreciating because they were turnkey and the 1 door is in a vacation area and appreciating.You should be hunting assets because strong assets give you multiple options.

I've also started to assemble a potential team based in the Beaufort area, including attorneys, property inspectors, and an accountant.

So, I get it, why many here don't see the value, it is probably based on personal experience.

We are based in Oregon, but I’d be open to investment from anywhere. 

For more serious projects, we do an engineering-based cost seg with Cost Segregation Services. 

I'd probably lean more towards Richardson than Carrollton based on what the people I know say about schools. 

A heloc add another trade line to your credit and can cause issues with fico scores dropping or DTI going up causing issues with credit limits or other risk based issues.Regarding the $4K in closing costs that is pretty much the standard for a loan amount of $100 to $150K.

Is the bonus depreciation calculated based on tax assessed value or PP?

@Nadja Leblanc I am based out of the USA (Arizona) with Engel & Völkers. 

This would of course be based on the LLC being formed through the state for real estate transactions.