hey squad - Curious if anyone knows why I keep getting messages like this on Airbnb.

If you build (via managing a general contractor), you should (ideally) know more about how the property was built than if you bought an existing home--you know what's behind the walls, and ideally you might avoid anything wrong with buying an existing home with issues you and your inspector didn't catch.I understand there's risk to building--it just seems right now that the risk is lower than buying an existing house--a house where you simply cannot know every detail without tearing it down to the studs and doing a complete remodel.

Teach them how to ventilate and clean the mold themselves.

Guess at how much rates might move over the next 5 years.

It allows a substantial portion of the asset's cost to be deducted in the first year of service.In 2023, the bonus depreciation rate is 80%.In 2024, it decreases to 60%.In 2025, the rate further reduces to 40%.COST SEGREGATION:Cost segregation involves dividing a property into its individual components for tax purposes.Some parts age faster, like carpets or paint.Your CPA can use this info to more accurately depreciate elements of your property leading to potential tax savings.BASIS:Your basis is the initial price that you paid for your property, including any expenses or improvements.Knowing your basis is crucial for tax purposes, as it's used to evaluate depreciation & determine the capital gains or losses if/when your property sells.LAND VALUE:This is how much your land is worth without any buildings or improvements.Land doesn't get old like buildings, so you can't depreciate it.

Aside from the obvious dangers, I’m seeking best practices and how experienced investors  in this area handle hurricane damage?

Obviously it also depends on how much time you have to spend and how much you want to be involved in working on the property, but living in one side makes all of this much easier and a good on-ramp into investing! 

At the beginning of every winter season, I send a message to the tenants with the account information and let them know to call the gas company if the heat goes out.  

I always want to know several things... - How long have you been in the business of property management?

He mentioned in his post how he spoke with three law firms and none of them agreed with his asset protection approach and was looking for referrals for someone who would agree with his strategy.