Correct me if I'm wrong, but with the cost-segregation, I could essentially pay no taxes for our rental income for quite a few years.Example numbers:$2m property purchase$800k bonus depreciation$125k rental income annuallyNo taxes paid on rental income for the next 6.4 years or so. 

You’re not doing anything “wrong” — you’re experiencing the shift from a growth phase to an operating phase.

I’ve reviewed a lot of STR builds recently, and the biggest issue isn’t cost — it’s mismatch.
Oversized living rooms, under-sized bedrooms, and layouts that don’t support group bookings.
The highest-performing cabin...

This is all just me trying to make sure I'm doing the math correctly on analyzing it as an investment.Please let me know where I'm wrong on these calculations.

One thing I see every tax season is investors depreciating their rental property incorrectly — not because they’re careless, but because no one ever explained what actually gets capitalized.
Here’s the simple rule of...

One thing I’ve noticed on land and infill deals is that the riskiest moment often isn’t when something goes wrong — it’s the quiet stretch right before capital goes hard.The zoning checks out.

You might want to mention his daughters also, who can't seem to find the "missing" trust deeds since they were "filed wrong on their end' or "Stuart has them and i will contact him to send them to you...

You have experience with SFH so you can't go wrong with that but a multi family is a good step up. 

Old, professionally staged MLS pics from when he bought it.I had zero idea what the house actually looked like… until I drove from DFW to Seguin, changed the locks, and installed a lockbox.I thought I pulled up to the wrong house.I almost walked away.

Start with deals that feel manageable and let your confidence build, and remember that smaller, cleaner wins will get you back on track faster.You’re not wrong, it’s very possible to make this work, especially with the lessons you’ve learned and the systems you’re putting in place this time.