I am trying to get a good hang of the rehab costs since I’m new to the are (from Dallas).

I'm very good at running comps and determining rehab costs.

Additionally, cost segregation and bonus depreciation can accelerate tax benefits.Because filing as single taxpayers limits certain deductions, planning in advance ensures you maximize benefits while avoiding complications.

The cost shouldn’t be double what a duplex is, but should likely be less per unit.

@Vincent WeselakIt’s a good idea to get an estimate for your insurance costs upfront since this can vary based on the property type and location, and it’s a key factor in evaluating your cash flow. 

@Tiffani HollisFor a long-term rental, I’d avoid used dishwashers entirely—repair costs and reliability issues often outweigh the savings.

After my P.M. costs I collect $940 or so/month. 

We are looking towards STRs in order to lower our W-2 taxable income via cost seg and bonus depreciation.I believe my line of work qualifies me as a REP, but what I am not clear on is whether I would still need to meet the 'material participation' requirements in our rental business in order for our losses to be non-passive.

All of this equates to lower returns with turnover costs, being the primary one.  

I invest primarily in a lower cost area but also own property in, and am looking in, a higher cost area.