My firm does property management for LTRs, and there have been a lot of STR owners in CFL approaching us looking to change course and place tenants on a 12-month lease.

I've always realized how real estate can change your life, now I am committing myself to the challenges and rewards.

They can build all the YUPPY places such as Wholefoods, Panera Breads, etc they want it still will never change the 07103,07104,07106,07112,07108,07114 ZIP CODES at all. 

I'd be happy have the team review your current coverage and discuss making a change.  

That's not going to change, so why not, at the very least, just decrease that bill? 

Central to my argument would be that making sweeping changes to the covenants themselves or changing how the covenants have been historically enforced only addresses the current problem indirectly. 

You can do a cost seg in a later year and “catch up” depreciation using Form 3115 (change in accounting method).

We maintain properties at a high standard and ensure reliable, on-time payments.”That one sentence changes the conversation.

Does the PM need to change the court letter name to his name?

When you start utilities on the properties just purchased for STR purpose under an individual name but will be transferred to an LLC soon, is that better to wait the LLC to be done first then start the services, or turn them on as soon as possible to reduce the downtime to get ready and change the ownership to an LLC for the utility companies?