Congratulations on your purchase & big step for your family. 

Since communication has already stopped, acting quickly and following the proper legal steps is usually the best way to stop further lost rent and regain control of the property.

Methodically stacking.

What are some typical numbers or percentages you’ve seen in practiceYou're jumping to Step 2 (cost segregation numbers) while ignoring Step 1.Step 1 is to figure out if you have room to deduct additional depreciation.

Hi BiggerPockets Community,After spending my career in the single-family residential space, I’ve finally stepped into self-storage and just went under contract on a facility in Michigan.

Financial distress: late on mortgage, behind several months, back taxes, etc.You are a problem solver for these situations.Whatever method you use to find these people, stick to it, stick to the same method for at LEAST 6 months.

They're not buying turnkey; they're hunting for distressed properties.It's that "BRRRR" method (Buy, Rehab, Rent, Refinance, Repeat) that seems to be the most common path to creating value right now.

The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.

In practice, many experienced sponsors start simple, keep the investor group tight and stable, and only step into formal Reg D territory when scale or investor turnover makes it necessary.

One method, you could look in areas and find STR's that have very open calendars, an obvious point they dont have rentals, and reach out to them.