Historically, they have (used a lot of water), but data centers are changing daily and rapidly," Little said.

@William ThompsonGreat breakdown, William, totally agree that condos can punch above their weight when it comes to bonus depreciation.

Prior to purchasing in 2022 when rates were rapidly rising, thankfully I did underwrite this deal at upwards of $100k in costs and 9% interest and it still penciled out.

You also want to make sure you protect your downside in the case regulations do emerge down the line, by looking at the Mid Term and Long Term Rental rates on the property as well to make sure it is something you could live with in the case there was a change.With the amount of Airbnb listings continuing to grow rapidly, it is become increasingly more important to provide a quality service to make your property stand out among the rest.

Those with meaningful assets are experiencing a rapid wealth multiplier that enables second, third and fifth home purchases - while those without investments are attempting to compete for their first property. 

A last key aspect to the value of this right now is the very rapid erosion of purchase power in the dollar.

Deals are still hard to come by (but this is rapidly changing), and contractors have gotten considerably more expensive for most things relative to 1-2 years ago.I don't think contractors will drop pricing anytime soon, and interest rates are still holding, so home prices are the variable that is going to take the hit. 

Oh...and another thing...realtors get a lot of hate and 95% deserve it, but if you are investing and get the right agent that really knows their stuff, they can be worth their weight in gold.

This means they've navigated multiple peak/off-peak cycles, managed seasonal rate adjustments, and survived the industry's rapid technological shifts.

Keep your documentation tight, with leases and rent history ready, since that will make the process smoother and show lenders that your properties can carry their own weight.