The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

I've heard Wolfgang Croskey talk about it as well, as well as some other people in the Residential PM space.Surveys might do the same thing, but I don't know enough about NPS to talk about it. 

Btw, I live in Poway, Ca which is part of San Diego county

You could use the projects feature in Quickbooks or you could use excel.

As a beginner, I’m still reading and listening to all the great advice and content out there, but tentatively working towards house hacking via a multi family property in Philadelphia.  

Hi Matthew, I am an agent / investor in the Rockford Area.

Those that are locking in new mid term properties - are you cash flowing?

I have been looking at duplexes in the tampa area (strictly for investment, I live in Colorado), I don't think small unit multifamily will slow down by any means in the Florida area. 

I've been chatting in DM's with so many who want to get started with investing in Detroit.

WRONG.Even if a keyword consistently brings in leads—whether they are distressed sellers or retail buyers—there’s still one crucial thing you need to check at the end of the day:HOW MANY CONTRACTS DID YOU GET FROM THAT KEYWORD?