No, the “great divide” isn’t between residential and commercial, nor between owner occupied and rental.  

But I just realized today lenders may not lend to me if I do not have experience as a business since I only just opened an LLC but no business done as of yet.I'd say my goal in real estate is to generate at least 15k monthly cash flow to live more than comfortable and quit my job in the next 10 years (I am 36). 

The cost segregation will analyze the property to find assets that can be depreciated faster than 27.5 years.The accountant you work with will be able to help connect you with a cost segregation specialist.The most difficult part is completing form 3115 which will also calculate the 481(A) adjustment.The 481(A) adjustment is the difference between the correct depreciation calculation less the actual depreciation taken.

The way the SEPP works is that you take the current account value and set a schedule of withdrawals to drain the account over a set period of time.If you find a way to make the numbers work, you might want to setup a specific and separate IRA for that purpose.  

This one was a fun one, with no real major issues, just needed a lot of repair and updating.

I am in process of moving some of our long term rentals to Mid-Term (30-180 day) rentals,  We currently use Buildium to manage our long term rentals and it working decently. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have $30 k in savings, no auto or student loans and excellent credit.

I learned that she was most motivated by selling and moving quickly, so I offered $65,000 less than asking, but with no inspection and no contingencies.