I’ve gone out and found 17 properties all do owner financing @Jason Harrelll: what is it that makes them "deals".Are they willing to sell below ARV (After repair value) which basically below what they would sell for fixed up, presentable, pass inspection on the MLS.

Furthermore, unless you 1031 'till you drop (basically), you'll have to pay back the depreciation anyway.From the other posts, cost seg companies should give you a free estimate, est of how much the cost seg will cost. 

I understand the basics of a CSS but I was wondering if it would be worth the squeeze?

I tried emailed the creditors asking for forgiveness and was basically told to kick rocks.

The previous landlord could not answer basic questions properly about him.

The senior planner basically told me that I had the right idea, but that the city wasn't set up for it.

You will probably lose 10% to slippage and closing cost which would give you about 25% margin at the end of the day less any income taxes and carrying cost. that is just a basic rule of thumb I could show you some deals that my return investment is smaller and some that is much larger. when factoring things in do not just look at the margin on the deal.

Hi @Robert Leitner, You could do that, an eviction for nonpayment follows the same basic process either way, but month-to-month reduces your risk and exit timeline if things continue to trend the wrong way.

Great question, and you’re thinking about this the right way.From a tax perspective, you don’t need the property to be rented by year-end, but it does need to be “placed in service,” meaning it’s ready and available for rent, photos taken, listing live, utilities on, and basically ready for guests.Once it’s placed in service, you can do a cost segregation study and take bonus depreciation in that same tax year, even if no one stays yet.If you can close and have it ready before December 31, you can still claim those 2025 write-offs.

Now you are basically financing 100% so you must be very careful here to ensure finances are in order or you could end essentially gambling your primary on your secondary.