Sometimes yes, sometimes no.But even if they are included (akin cabinetry), they can still trigger depreciation recapture at the time of exchange, as explained above.

Could you explain a little better?

The first two lenders I spoke with I sent them the property listing and they explained that while the comps are there, they don't lend in rural areas at all.

Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.

I am sure your construction costs are lower in Little Rock Arkansas than in Philadelphia which explains why you can build at the cost basis mentioned in your post but unless the property is located in an irreplicable location I would urge investors looking to build ground up to seek better margins than building to 87% of the completed value.

Well explained @Alan Asriants1031 is the obvious answer.

Then, I kindly explained that it might be best for both sides if she provided a 60-day notice to vacate so my team could make the necessary repairs.It worked.

It explains how home prices have climbed far faster than household incomes over the past several years, creating a structural gap that lower rates alone cannot close.

I'd talk to the owner-not the staff at the management company and explain that you've had a few problems and they are not very good about dealing with it. 

It felt like we were being to forced to accept but the attorney couldn’t clearly explain any of the reasons/options at the time so we opted to find other counsel.