You will need to determine if this falls under SEC regulations depending on the amount of capital, nature, and structure of your investment.

@Candi Kham, Although your access to depreciation may be limited because of the passive nature of investing, you can still have a great overall tax benefit by purchasing right. 

Is it the thrill of developing new properties or perhaps the process of flipping and revitalizing an olderHey Nikesh,I’m really excited to hear you're thinking about stepping into real estate.

Employee Management: Given the absentee nature of the business, how do you ensure quality staff performance and customer service in your absence?

There's been talk of how these will intersect and it's already happening in some spaces and I'm not talking about Metaverse Real Estate (Although I think some of that will make some people VERY wealthy).I'm talking about real physical real estate providing access to crypto investing and returns, and here's the crazy part...It has the potential to offer all the great things real estate does like depreciation, hedge against inflation and cash flow, all while exposing you to the high reward of Bitcoin's upside and decentralized nature. 

Hey Cédric, fellow Californian here up north of you on the Central Coast.I invest primarily in Detroit (12-doors there), but I'm also building an ADU here at my primary.You can definitely still do BRRRR deals in Detroit in today's environment but you have to be careful of the team you're working with.There's a lot happening in the Detroit market in terms of investment and revitalization.

Considering your facility will cater to a wide range of storage needs, including RV/boat storage, semi-truck parking, container storage, and contractor yards, the name should encapsulate the comprehensive nature of your services.

There are many interesting policies about rebuilding in a natural disaster  such as if the damage is more than 50% percent of the dwelling value, you are forced to rebuild at current codes.

It's human nature not to factor in their time, nor large episodic real estate expenses etc.almost forgot this table chart from Mary Callahan Erdoes , she is the head of JP morgan asset management which has hundreds of thousands of high net worth investors, They are quite stringent when comparing their own investor's returns to other Asset classes

In general, expenses related to the purchase or improvement of a rental property can be deductible, but the treatment of these expenses may vary depending on the nature of the expense and applicable tax laws.