To my surprise, they provided a quote for a 23% management fee per month rent, which includes a one-year rent guarantee (regardless of whether tenants pay or not) and a maintenance credit of 2.5k per year.I must admit, I was taken aback by the figure.

I am surprised they have been unable to provide an estimated timeline for an approval or denial.

I wanted to see if there are any lenders here that can provide their input.I recently bought a secondary home (2 months ago) in San Diego CA.

It's a furnished rental so I had already provided one portable fan as part of the furnishings. 

I currently operate a mom and pop rental business in Reading with my wife where we provide an alternative to the slum lord business model that has existed in the Reading market.

We are in a window where idle capital is an opportunity cost, so seeking interest income until the rates change again makes sense.The best place to start will be with your checkbook IRA provider.  

Depreciation can be applied not only to the property but also to fixtures, such as air conditioners, so if those fixtures are also new, the tax savings can be even greater.On the other hand, used property does not provide the same tax savings as new property because many years have passed since it was built, so it's useful life may be less, or in some cases, almost zero.

Any suggestions, warnings, or references of service providers would be great!

Daniel provided excellent insight, and just to add to it.

No other software on the market provides all of this for just $450.In addition, KBKG has more Certified Cost Segregation Professionals (CCSP) in the country.