Hey @Saurabh Kukreja, we use QuickBooks Online for all of our Clients (REIs) and I use it for my personal businesses/rentals as well.We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.

— Christopher McDaniel This will be a lender specific question as guidelines are different from HML to HML but generally most lenders would apply it towards the principal balance and the cash to close.

Please post an update with more specifics...

Good markets are subjective and depend on a lot of things like the specific location of the property.You can Google this and find many articles that say why certain areas are good.I just saw SC is a top area with Charleston, Myrtle Beach and Greenville leading the way.

The carryover basis doesn't meet the used property acquisition requirements under 1.168-K-2(b)(3)(iii)Specifically it no longer meets the "acquisition by purchase" piece defined in 1.179-4(c)(2) "The reg cite for the bonus deprecation eligibility is Reg. §1.168(k)-1(f)(5)(iii)(A).

So I'm looking to connect with someone who can spend 30-60 minutes talking about short term rental considerations specific to the area.

Hey everybody, has anybody structured a deal with 100% financing specifically on BRRR method on 2-4 units?

EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Are there any specific LVP brands to go with or any that I should totally avoid.

Some areas have specific rules about what information you can consider and how much you can charge for an application fee.