I don't foresee property taxes going down no matter what DeSantis says. 

From a financial perspective, the numbers look attractive—many of these properties show a Cap Rate of 6%–8% or more, which is quite decent.For example, if a Dollar Store property is listed at $1.2 million with an average Net Operating Income (NOI) of $90,000 per year, financing 50% with a 6.5% APR, loan would still result in positive cash flow from day one.

.: Wondering if losses from passive rental income (I.e. long distance property managed by third party) could offset capital gains from stocks? 

A lot of times you cannot view the property.

The entirety of these cities aren't just comprised of cheap run down properties. 

In your opinion what do you think is the best property to start with?

Your tenant profile for a furnished rental is going to be different than if the tenant has to furnish the property.

@Cameron NordinA cost segregation study accelerates depreciation by classifying certain building components as personal property or land improvements, allowing them to be depreciated over shorter recovery periods (e.g., 5, 7, or 15 years instead of 27.5 or 39 years).By accelerating depreciation, cost segregation lowers your tax basis more quickly than standard straight-line depreciation.

I'm local to Miami and I have 3 section 8 properties here and 5 in Detroit.

Purchase price: $325,000 Cash invested: $80,000 Good sized three family property with small lot on fairly busy main road.