If you can drive rent growth in your residential building component through the use of the commercial space, it can be a good way to make back income that is hard to generate otherwise.

It's a lease with sublet rights, some components that look like NNN but not all the way there.

@Michael C berry jr so another component to be concerned about is the ownership of the lots in Steamboat.

That means from day 1 making a nice chart of every major component, jot down life expectancy, and the current age.

If your dwelling/landlord policy covers first party damages even when the damage occurs during renovation/construction, you probably don't need a separate builders' risk policy.The other component to consider is coverage for Loss of Rents, Loss of Business Income, and Soft Costs resulting from delays in construction that result from a covered loss.

It depends on the component.

Some will rightly view as a negative, but I see value in some of the software options (like AppFolio & Buildium) that aren't a one-size-fits-all, but rather you can select key components you need at your current stage (and only pay for those) then augment the services as the need arises. 

But breaking it down into components like you mentioned makes it easier to get my arms around.

., daily cleaning), in December 2024 and placed it in service in May 2025.I've encountered conflicting information about the OBBBA’s cutoff date for 100% bonus depreciation:Some sources suggest the property must be both acquired and placed in service after January 19, 2025, making it ineligible due to the December 2024 purchase (and thus limited to 40% for early 2025).Others indicate that the placed-in-service date (May 2025) determines eligibility for the 100% rate, regardless of the acquisition date.I understand the structure (likely 39 years as nonresidential real property) is ineligible, but components like furniture and landscaping (5-15 years) may qualify with a cost segregation study.

The other is the AI chat/gpt component has gotten out of control.