If you had purchased the investment within the IRA then depreciation would not help you since that is already a tax advantaged account... 

Due to the low interst rates, I wasn't planning on paying off that mortgage, but in 2021 deided to sell the property for 3.6 times what I paid for it and take advantage of the price run up and market condtions. 

If you want to minimize risk and capitalize on investment with passive income and stable cash flow this is the rental property strategy that is most advantageous and works best in Detroit.

yes in theory turnkeys limits you to create/add value .If you do see a deal that makes the numbers work, you should still consider the deal and take advantage of it.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

A few other great advantages to section 8 outside of knowing that rent gets wired directly to your account on the monthly like clockwork or in the case of Neighborhood Legal Services a check lands in your mailbox monthly like clockwork, is that section 8 is Covid proof.

It hurts to let the 3.5% rate go but since you're not going to be able to rent that place out in the future I'd take advantage of the equity you have in it and start the investment road you're wanting to go down with a single family.

So all in all, “Tenant B” is abusing our dad by taking advantage of him because “Tenant B” is always short rent and continues to breach her contract due to our dads dementia diagnosis. 

It removes all the advantage of using RE to increase wealth.

Being able to phase the duplexes is a nice advantage however.