Because of this depreciation, it is important to refinance it soon after rehab if you are keeping it as a rental (BRRRR) so that you extract as much of your original investment as possible.Good luck

On the other hand, is this something a buyer can use a tool to extract a lower price?

Updating old list is going to be GOLD I see a huge need of extracting old data from client systems and building new marketing list.

It makes it real difficult to extract all of the investment. 

I personally feel comfortable if my total LTV is at 75% or lower but in practice I am typically far lower than the 75% due to the cost/effort to extract equity. 

Saving on taxes when extracting the profits is a different subject.

The longer the holding period, the higher the cash flow (assuming no value extracted - My actual cash flow is not as high as it could be because I have extracted a lot of value via refinance from most of my RE).

The simple business model where an owner lives in a big house, extracts value from their employees/1099s, practices multi generational nepotism, and encourages unethical business practices by bidding 30x projects at 400% margin to get that one project from poor ol Betty Sue - this is what needs to change to get more ethical and capable entrants into the trades.Anecdotally I haven't really noticed reduced supply in my market, but we've developed some helpful relationships over time with our go-to plumber, among others.

Use the extracted money to repeat. 

So, we developed our own capability to extract and display SFR rental data for the area we target and a property profile that rents well to our target tenant pool.