We reviewed the project details, scope of work, and expected timeline.

I've been listening to Bigger Pockets for a while now so I know that this is probably my best place to get straightforward & legitimate advice from experienced investors.I'm trying to build a real estate career down a couple of avenues; I have one rental property and I just closed on my first deal to purchase my primary residence as my own real estate agent.

Curious what others are experiencing with current terms.

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So that is another reason to be cautious for both positive (and negative) reviews of a program

I've been thinking about this a bit and I'm beginning to wonder if single family might actually be better for cash flow than small multifamily (<5 units) in certain markets and would love to hear what the experienced folks think.In my market (South Florida), small multifamily isn't that common and is primarily found in C class neighborhoods.

I'm a moderately experienced investor and I self-manage.

In both my own investments and the cost seg studies I’ve reviewed for clients and borrowers, properties in this price range typically see 20%–30% of the structure reclassified into 5-, 7-, and 15-year property.That positions you for roughly $50K–$80K of bonus-eligible depreciation in Year 1.Your actual tax savings depend on your bracket, but here’s a realistic range based on what I’ve seen:• At 24%: around $12K• At 32%: about $18K–$22K• At 35%–37%: closer to $28K–$30KIn every STR acquisition I’ve analyzed—whether for my own deals or clients I help finance—the outcome is consistent: when you qualify as a Real Estate Professional and meet material participation, it’s very common to walk away with five-figure tax savings in Year 1, often $15K–$30K+. 

If you’re thinking about building one at your own home, your best next step is to look directly at the updated zoning text on the Columbus city website or contact the zoning department so you can see how your specific parcel is classified and what is now allowed by right versus what would still require additional review.

Nowadays, $100k maybe gives you a solid budget for mostly cosmetic rehabs—maybe a full gut is possible for those who are incredibly experienced and have hourly workers busy on other job sites.