I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get the 80% bonus depreciation but this is what she said: “Note that I don’t do that kind of work because it requires engineering knowledge that I don’t have.

Even if not maximizing depreciation, the conservative estimates provided by DIY tools justify the cost for properties under $1.2 million.Addressing common concerns regarding the DIY option: Ease of Use: Most software for DIY cost segregation studies is user-friendly, requiring minimal input beyond property details.

Which is to say, like @Matthew Crivelli, you're going to have a hard time getting a loan with bad credit.Now, some DSCR lenders don't require super high credit, but most want to see upper 600s.

Some let you pull permits as the homeowner, some require a licensed GC to pull. 

Most of the lenders we have spoken with such as western alliance bank and Axos will require a $25M minimum.

My company requires me to relocate to Kansas City and now I am in need of help on managing my soon to be rental unit.

Look up your city and your state and find out what’s legally required.

from everyone in your current network and make sure that total amount if 150% or more than the money required to close.There are a lot of other factors to consider but the above it a good start.

During peak months the boat rental was required.  .    

Do your same background and credit checks and other requirements that you do with every other applicant.