More Details. rental property 390k owedworth 490k located in MDpurchasing single family home in Macclenny Florida to live in. 

If a Cost Segregation Study had not been performed on this $595,685 single family home located in Miami, FL, it would have had first year depreciation of approximately $22,000.

Always rely on what the lease says and comply with local and state laws. 

Just look around at other local banks and CUs.

I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

This is why I like to ask the locals. 

@Kevin RockRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

LOCATION was everything and more.

Hosted a meetup and met a ton of local investors, I’m somewhat known in the local LA REI circles.