I'm a pretty handy guy but this would be outside of my realm, but my experience helps me understand how much this type of improvement should cost.Improvements: remodel kitchen and bathroom, paint interior, fix exterior scafolding.How should I go about finding a contractor?

-Modern Efficiency: Energy-efficient builds attract quality tenants and reduce ongoing utility costs.

Beautiful design with some of the best Energy efficient options I have ever seen in addition to a huge boat dock/boat lift with Guld Access.One of the awesome things about this New area being built is they already have the approval from the County and in their HOA for STR Short term rentals!

Does anyone have tips or resources for making bookkeeping as efficient as possible?

Overall, it works and they are always trying to improve it.Freshbooks seems like a low cost, never have any experience on it.

The more I think about AI and data collection (especially if this data can be collected automatically) I really think the sky is the limit. it makes sense to use this new technology to automate tasks, increase efficiency and likely improve your RE portfolio. 

When you move out and start depreciating the cost of the asset you start depreciating the improvements at the time of conversion.

.- Arguably Best weather in the country- Quality of life is top tier when factoring in beaches, multicultural neighborhoods, restaurants, nightlife, things to do in general- Life sciences, Tech, AI job market is continuing to improve w/ a dozen or so development projects downtown- Limited inventory (high demand) for foreseeable future. - San Diego's population continuing to increase w/o any signs of slowing down

While the IRS does not mandate a physical site visit, the IRS cost segregation audit technique guide (ATG) does suggest conducting “field inspections.”It’s important to note that the ATG is not an official IRS document.It serves as a guide and cannot be used, cited, or relied upon as an authoritative source.However, the recommendations in the ATG are worth considering.According to the guide: “A field inspection is recommended to document the physical details of the building, type of construction, materials used for construction, the assets contained in the building, the size and types of building systems, and any land improvements that were included in the purchase of the property and the condition of that property at the time of purchase.”‍So while the IRS does not require a site visit for cost segregation studies, following the guidance from the cost segregation audit technique guide can be beneficial.At RE Cost Seg, we’ve adopted a modern approach that goes beyond these recommendations, utilizing video walkthroughs to provide a thorough, efficient, and documented inspection process.This ensures that every detail is captured, giving our clients confidence in the accuracy and quality of their cost segregation studies from us.

On the positive side, everything is brand-new, meaning lower maintenance costs in the early years and potentially higher rents due to modern finishes and energy-efficient systems.