Some of his houses were placed in service before the 2018 reform, when 100% bonus was not available.

Create a business plan and revisit/revise/reform it every year.2.

I see San Bernardino County has approved significant reforms to the county’s short-term rental (STR) ordinance. 

Real property consists of land, buildings or other inherently permanent structures.Examples of Personal Property (contained in or attached to a structure/building)Interior LandscapingNeon or Other SignsDisplay Racks, Shelves or CabinetsWall CoveringsWindow TreatmentsCertain Air-conditioning EquipmentDecorative and Specific Business Activity Light FixturesCarpetingDecorative Trim & MillworkMachinery, Generators & Kitchen EquipmentAccordion Doors and PartitionsExamples of Real PropertyLand (non-depreciable)Buildings (27.5 or 39 year depreciation)Exterior Landscaping (15 year depreciation)Paved Parking Areas (15 year depreciation)Swimming Pools (15 year depreciation)Fences (15 year depreciation)Bridges (15 year depreciation)Side-walks (15 year depreciation)Docks (15 year depreciation)After the tax reform, the structural value of a building is depreciated over 27.5 to 39 years and the tangible portion of a building is allowed to be expensed immediately in the year the assets were placed into service by the business.

@Travis Kaess greetings from a reformed Civil Engineer.

https://www.ipx1031.com/the-republican-blueprint-for-tax-reform-poses-threats-to-sec-1031-and-real-estate/

You'd either have to do some type of reform closure/amended foreclosure, or negotiate with the lien holders.  

@Lisandro GarciaI believed there is talk of reforming Fannie Mae and Freddie Mac, perhaps revamping the FHA loan could be 1 of themhttp://www.forbes.com/sites/nathanvardi/2016/11/11...

Beginning Sunday night and continuing into Monday morning, I spent several hours carefully reviewing the complex language in the Financial Choice Act, which is a likely favorite to be passed in Congress and signed into law early in January 2017 in order to drastically reform Dodd-Frank.

When the contracts started acting more like mortgages then courts started nullifying some and treated them like mortgages reforming the terms.