(my house was underwater completely except for the crest of the roof) ALso, the city wasn't letting anyone back on the island (even owners) for like 14ish days (I forget the exact number), so ALL of the non-raised houses were full of mold by time anyone was allowed to go in and start doing things. 

My largest goal is to get a refinance quickly.

I see the potential for growth in these areas in the next two decades in particular, especially with a recent large state grant from Shapiro to create jobs in the semi-conductor/specialty gasses field.

You won't believe how effective that is.Accordingly, it makes sense to get the documentation that the largest most successful landlord is using in your property location and follow in his footsteps by capturing his language and process.

Kitts & Nevis LLC, held in a Cook Islands foundation, owning a Nevada LLC, all owned by a Panamanian Trust.

Alabama counties don't all designate it the same, but in the largest county, Jefferson, R/S means that no one bid on the property at the tax sale so the property was bid in by the state and then it was ReSold to an investor. 

A little fuzzy on that point.I’ve never seen 1245 recap on real estate before, ordinarily (no pun intended) this would be 1250 unrecap and *only on the historical depreciation taken*.If he bought it for $300K, took $200K depreciation down to the bone and the rest is land, that $900K gain would be $200K unrecap 1250 and the other $700K would be … 1231!

Maybe because it is land locked, no one else bid on it??? 

One of my mentors is one of the largest privately held owner/operators in the US and am familiar with his criteria. 

We have an STR beach home in South Padre Island.