Great job negotiating that price down, the garage conversion is likely the exact reason this has sat for a year.In many markets,(not mine) you actually lose value with a conversion because you've traded high-utility space (parking/storage) for low-quality living space that often feels like an afterthought.

My caution would be, what quality tenants will you get? 

It is possible to get a cost segregation study on a property in the year after it is placed into service.A complex form, Form 3115, change in accounting method, needs to be completed which mentions that depreciation was incorrectly calculated in the past and that you are now calculated it correctly(from the cost seg).

Quote from @Jaron Walling: @Chris Seveney You mean to tell us a guy from Argos, IN with an incomplete profile, and 3 forum posts doesn't know how to structure a waterfall multi-tiered method for distributing investment proceeds to investors and sponsors, ensuring returns are paid in a specific order based on performance hurdles? 

I’m specifically interested in teams or companies that:Understand real estate (wholesaling, off-market, investors, agents, etc.)Can handle motivated seller conversations intelligentlyDeliver consistent appointment quality, not just call volumeIntegrate well with common tools (PropStream, BatchLeads, ReadyMode, Follow Up Boss, REISift, etc.)Have real-world ROI, not just marketing claimsIf you’ve used cold callers successfully, I’d love to hear:The company or team you recommendApproximate cost per caller/hourWhat type of lists you’re calling (absentee, probate, high equity, tired landlords, etc.)Realistic results (leads, appointments, deals per month)What you’d do differently if you were starting overBonus points if you’ve tested multiple providers and can compare quality, accents, training, and conversion rates.I’m happy to share what I’m seeing on my end as well once I compile feedback.Appreciate any insight from people actually doing volume, not just theory.Thanks in advance.

Quote from @Nick Cikity: Looking to start my long distance investing with the BRRRR method or simply buy and hold for single family or small multifamily (2-4) under 250k.Wondering what cities are looking good out there for low median home price, higher cash on cash (9+%) and an appreciating market.Been looking at tennesse and still hearing a lot about Ohio?

.• Paper quality hasn’t disappeared, but pricing discipline has.

Any recommendations on what qualities makes an agent a “good” agent to help with this? 

Office is tough unless you're building AA quality product4.

Has no more than 2 or 3 posts, and each is a “testament” to the quality, success, honesty, etc. of the subject guru or his program.