Check with CPA but furniture has its own depreciation schedule (7 years I believe).Ultimately I would check with your CPA to see if it is even worthwhile, and your lender to see if it is even possible.  

Those policies penalize all future prospective tenants in those markets, and while landlords complain, ultimately accrete value to the landlord at the overall expense of the city's potential.

My gf and I have a household w2 income of 170,000, before my income from my rental property My ultimate question is what should I do.

I hope you get more feedback and ultimately find a market that suits your investment needs! 

@James E.Hi James,I'm not a wholesaler... just an investor who has dealt with wholesale deals.My broad perspective is that wholesaling is a marketing job - where the wholesaler (on the surface) is trying to help a seller, but ultimately is trying to do that in a way that ends up costing the seller more money than it should have, had the seller taken more traditional means to achieve that sale.  

Thank you for your time Javed.It's unfortunate, but ultimately, the federal deduction from the cost seg moves the needle a tiny bit.

Here's the best thing I can tell you on your question:  learn to be the ultimate entrepreneur. 

Engaging with the community through forums and local meetups can also provide valuable insights and support from experienced investors.By setting clear objectives, you can create a roadmap that guides your decision-making process and keeps you focused on your ultimate aspirations.

It raised a couple of questions in my mind about the risks of wholesaling, namely the implications in the event that you assign a contract and the buyer backs out.It seems to me that Paid at Assignment would both:Result in committed assignees, otherwise they would risk losing the money they paid the assignor, andProvide the assignor with a significant cash cushion against breach of contract if they cannot locate another buyer prior to closing, and ultimately decide to cancel the contract with the property owner.But this raises another question. 

If you go to Cleveland give The Ultimate Guide to Grading Cleveland Neighborhoods a read first.