Since you bought the property in December 2024, your components fall under the old schedule, meaning 40% bonus depreciation applies in 2025.You’re right that building structure doesn’t qualify, but items from a cost segregation study (like appliances, flooring, furniture, and landscaping) still do, just at the 40% rate.So even though your placed-in-service date is May 2025, the purchase date controls eligibility for 100%.

I have several pieces of furniture leftover from mom and dad (grandfather clock, solid maple table, display hutch, etc). 

There is not any excess of rental supply to uptake that.

Houston's competitive environment may require quick decision-making, and ongoing supply adjustments could lead to softer rent growth or concessions in some submarkets.

Unless you have a perfectly flat floor, the floating floor is going to flex as people walk on it, put furniture on it, etc, and the worse true your floor is the better that locking system has to be to keep the planks from coming apart.

With all capital supplied, Vance was able to focus solely on managing the project.

Large-scale renovations often come with surprises—contractor coordination, supply delays, and uncovering unforeseen issues during construction.

Ethan,Houston offers a large supply of 2-4 unit properties which is ideal for you to use your DD-214 or COE to get 100% financing!

As populace grows, so does the money supply need to grow. 

You're going to run into this in most of the major STR markets because within the last 2 years we have seen a massive spike in available inventory.In order to compete with the competition now, hosts/owners/operators need to step up their game and be willing to invest in good quality furniture, memory foam mattresses, high quality linens, professional seasonal photography, etc.In the high desert, most visitors are looking for peace, quiet, privacy, and amazing scenery so this means stay away from purchasing homes in residential neighborhoods with neighbors on all sides.