I'm getting ready to start investing in the Port Huron market in SE Michigan and had a question about depreciation; I spoke with a CPA who told me that unless I'm a Real Estate Professional, I can only use depreciatio...

They were essential employees or had places to go if they lost work but I also  felt more comfortable with the shorter commitment and they were willing.

The PMs I’m using now refuse to add my contractors to their vendor lists, which makes it hard to verify pricing or maintain the standards I’m used to.Here are the specific issues from some of them (not all PMs) I’ve run into:- They won’t add my contractors to their preferred vendor list.- They charge me for getting estimates, even though PMs typically get them for free because of their volume.- They don’t get second estimates, so I can’t be sure their pricing is competitive.- They won’t visit the property to assess issues in person.- Refused to do rental showings despite written permission from my long-term existing tenant.

I cannot speak for the specifics of this type of business, but you won't find comps because this is more of a business for sale not a property.

Ask for references from those specific deals and call them.About the Hard Money Loan: Non-traditional loans can be full of hidden costs."

Is there a specific challenge you are trying to solve for? 

I am a newer investor and had been looking to purchase a long term buy and hold cash flowing property locally and I ran into an absolute home run deal. A property owner/manager is liquidating due to divorce and sellin...

That said you may consider a Solo 401k to contribute 10x more than an IRA annually if there's self employment robust enough and no employees. $50k might be enough to do some PMLs but probably not for the IRA/401k to actually own real estate.

@Briley RoeIf you or your spouse are the only employees in the business you can open a solo 401k with Schwab, Fidelity or Vanguard and contribute up to $70,000 in employee and employer contributions per spouse.

Even then you are taxed like crazy getting paid as a W2 employee instead of an independent contractor.