My PM found it, the owner was moving out of the country, got it off market at BELOW market value.

Do people have confidence in the multi tenant industrial market today?

Also, do any of your funds (after accounting for the above) ever go into a money market or other interest bearing accounts, such as dividend stocks, etc?

It’s March 20, 2020, and you have been stuck at home for about a week now and have been meticulously studying the stock market.

What is the time on market for rent right now currently for duplexes in that neighborhood and is your monthly asking price high, average, or low for the area.

As for the shed I was recommended to allocate it the same way split between the properties therefor making it fall under the De Minimis Safe Harbor amount of $2500 allowing me to expense the cost rather then carry it as an asset for depreciation.

However, Even in the most competitive (Sedona) STR market, only 5% of home owners use the formula that gives huge occupancy and prime market ADR, resulting in a strong ROI.

They tend to be around $1500-$2k+/mo depending on the competition level in the market. 

Let me know if you want to connect or have any questions as you enter the market.- George

Starting a real estate investing journey requires education, understanding the market, setting clear goals, and leveraging experience.