I wouldn't want to be in the efficiency with no washer & dry on allocated bill.

We have many of our process documentation nearly complete, but not hand off with no guidance complete.BTW I allocate what most would consider too high maintenance/cap ex but I believe is fairly accurate (ask people how they derived their maintenance/cap ex allocation and you will hear some crazy responses from I used the default percent in my rental calculator, I use actuals but have only had rentals some timespan that is far short of large cap ex item lifespans, to I did not allocate anything because I have reserves (how do they project a cash flow?)

The partner with the built in gain will have an asymmetrical allocation of tax income/losses due to code section 704c.

Most investors focus on “price,” but smart investors focus on structure.A $10,000 discount looks nice on paper—but the impact on your monthly cash flow, debt service coverage ratio (DSCR), and approval odds can be underwhelming compared to the same amount in seller credits.Here’s why:A $10k price reduction might save you around $60 per month on a standard 30-year fixed loan.A $10k seller credit, used to buy down your rate, could reduce your payment by $140 per month or more.That’s more than double the savings—and it improves your property’s DSCR, which can be the difference between getting approved or not.In a world where every fraction of a percent matters, understanding how to allocate negotiation dollars is a hidden superpower.

And even if you do know that, how would you—without professional tools—determine how much of the property’s value should be allocated to the building?

My asset allocation continues to be adjusted to reflect my stage in life and while I would love if things continue on the upswing I am prepared and actually expect they won't. 

For 2025, I like a barbell: keep buying solid, cash‑flowing rentals you’d hold through rate swings, and allocate a slice to well‑underwritten, collateral‑backed notes.

The financial viability of the strategy is maximized when a Cost Segregation Study can allocate a high percentage of the purchase price to short-life assets (like furniture and fixtures), leveraging the current 100% Bonus Depreciation to create a substantial "paper loss" in the first year.To use the 100% Bonus Depreciation against your 2025 W2 income, the STR and its eligible assets must be fully "placed in service" by December 31, 2025.

The maintenance/cap ex allocation decreased with the rehab.  

I like it as a “learn and earn” slice, not a core strategy: use small allocations to get exposure while you build direct, cash-flowing ownership where you control debt, ops, and exits.