Quote from @Phil Johnson: I currently have a duplex and a single family which are doing well.  

They request interior pictures and a walk thru.The Upper duplex is a single unit with the kitchen & living room on the 3rd floor and the bedrooms on the 4th.  

I don't work on houses, but I have to use B and A-basis values for material strength which in effect means the real material will end up being 20%+ stronger (depend on the material).  

As a business owner it's wise to hedge against cash flow and a potential non-paying customer.

Private inspections are generally not mandatory and a good agent could review each situation with you.

It’s great to hear how the community has supported your success with Airbnb, and it's awesome that you're now paying it forward by helping others achieve their goals.Your experience with short-term rentals and as a newly licensed broker will be valuable to so many.

Still haven't made that decision and not convinced I want both places...maybe a condo in the city and a ranch home in the country? 

I think we may see a return of bonus depreciation, but I doubt that it'd come without a cap of $1-2m, and a repeal of Sec. 179.

My other recommendation is once you decide in a budget and a couple criteria get a really good realtor.

MidSouth HomeBuyers specializes in rehabs and a vertically integrated model in Memphis and Little Rock.