@Mark J., A hybrid approach to what you're contemplating would work very nicely for you. 

Attached to this post is Ja Morant and Desmond Bane delivering treats to our floor for the holidays!

If Ja Rule tries to pitch you a turnkey deal...............run! 

I spent quite a bit of time in the Jackson area playing MRA, JA and Prep back in the day.

I would tell folks at the time with 30k brand new homes that Lehigh was probably one of the cheapest places in US if not the world to live everything considered US medical and fire and police etc etc and no state income tax.So here we are today de ja vu all over again with hundreds of investors stuck with half built houses and a the vast majority of all these were spec for rental purposes not to live in..

Quote from @Brandon Ja: Caleb, Bryan thank both of you for your input.  

@Brandon Ja - The standard answer here is to check with your CPA, but from my standpoint expenses that add longevity and functionality to an existing property (including adding square footage) would make that a capital expenditure that can be depreciated over time.

@Brandon Ja, I am somewhat along the lines of @Stuart Udis with how I approach things.

Quote from @Brandon Ja: Thanks for the input, Noah.  

Quote from @Tim J.: A partner and I own a 6 unit in Barre VT.