Quote from @Amir Khan: @Andy GonzalesQ Are you using private lenders more often than traditional banks right now?

Couldn’t agree more with this, especially for anyone running rentals in cold-weather or slow-season markets.A lot of newer landlords forget that pricing is a speed lever, not a bragging right.

Fortunately, I have a few contacts to use.

It’s more work and cost, which is why investors don’t always use it.)Because land doesn’t depreciate, you first allocate the purchase price between land and building (your example uses 85% to building).

I purchased a home on a corner lot With the ideal of creating a buildable lot because the existing home is very close to the front of the lot.

I use this info to my advantage when I make offers.

Years of dealing with lying ruthless people has made us this way, mostly in the low income space.

If you need assistance with eyes on the ground, resources or companies to work with, my suggestion would be to get on here and be transparent just like you were with this post. 

Properties with 3 or more late pays.  

While you search for CPAs, I think a general principle is the more you learn the easier it will be to interface with your CPA and you will make a better choice on who you go with.