For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Have you thought about trading the fiveplex for a Class B duplex in a Class B neighborhood and move into one of the units and rent out the other??

Why can't you start with some smaller residential or small multifamily commercial properties to get your feet wet, show proof of concept and possibly try to take on larger deals.Or possibly find a local syndication group and become an employee under them learning the trade and finding a mentor in the space.

In terms of timeline, don't plan for it to be a fast process, your rockstar local loan officer will not be processing the assumption, it'll be a group of call center people reading scripts from a computer screen.

If the goal is increased equity and wealth then upgrade properties judiciously and increase rents or trade up using real estate exchanges.  

Quote from @Sushma Annaiah: As of now started looking at sfh and looking for cash flow .i will be taking mortgage and also planning to go with property management SFH + cash flow + property management will not compute in many areas right now, especially if you want something that is in great shape with no cap ex.

For that they want a local specialist and not a computer because it's an emotional decision for them.

Investing in another state carries some of these same risks but to a much lesser degree.Every time I've looked at something abroad the risk / profit trade-off seems imbalanced vs. what I can do within the US.

It opened doors to new markets for agricultural products such as cotton, sugar, and grains, laying the foundation for prosperous farming and trade economies across the newly acquired territories.Investors keen on infrastructure development saw potential in establishing trade routes, settlements, and towns that would eventually grow into thriving cities.

That said, trading up is never bad but there isn’t enough information on what you have, your goals or you timelines for me to offer suggestions on whether or not you should sell.