I would still take a look in person since Detroit is block by block.

I have personally been involved in house hacking and furnished rentals for over five years, and it's been fascinating to see the quality of mid-term tenants we've had over the years.However, it's worth noting that in our area, the demand for short-term rentals on platforms like Airbnb and VRBO has declined in the past 24 months.

If I manage the property on my own next year (2025), will I be able to change the depreciation to bonus depreciation when I file my 2025 taxes and get the tax benefits of bonus depreciation?

All my personals have always been not less than 20% NET cap based on cash purchases.

I purchased it under my own personal name on this first one, cause we were competing to get there quick and my EIN hadn't come in yet.We do our own taxes but I have no clue what to put for this house purchase. 

It's your property and investment.Of course you don't want the maintenance person taking your $300 set of a steak knifes.  

I'm not the sharpest tool in the shed, and if you give me a penny for my thoughts you'll get change back, but I grew up in Texas and we're grass fed on personal responsibility down here, so... 

Personally we have had great experience so far.

A DSCR loan, or Debt Service Coverage Ratio loan, is underwritten to the property income instead of your personal income/taxes/debts.

@Melody T.California is generally more cumbersome than other states when it comes to taxes and filings.