When you compare to cities you know think of Detroit as the old urban core.

You can also recapture loss's in it compared to a C or S corp. so it does have tax planning benefits.  

So if you have one unit advertised for rent on 6/1, another on 8/1, and another on 10/1, this will affect the depreciation  % on the tax return.Repair vs capex: capex would typically include all costs prior to the property being placed in service INCLUDING mortgage interest, insurance, property taxes, utilities, etc.

How does it compare to traditional LTR from your perspective?

Unless someone here knows otherwise.Having said that, personally I'm not sure how valuable anonymity is compared to the cost of the structure ... as many have said here on BP.

Or, you can try moving out to Morgan Hill or Gilroy, where home prices are more affordable compared to San Jose. 

The property is in texas so I know the laws are more landlord friendly (compared to other states).

We just have to hope mortgage rates decline a little bit in 2025 while the supply does not drop so that we can have more home sales in 2025 compared to 2024.

A monthly net cash flow of $277 is positive and reasonable for the area, but you might want to compare it to similar duplexes to see if there are better returns available.

Oh, forgot to mention, this was prior to self rent rules.