There can be some great tax benefits with this strategy.

Rates right now aren't great so you won't benefit much from a refi but Sam can take a look and possibly suggest changes to make so that when rates do come down you are in a position for refi

We are really moving and shaking these days. 

These investors are accelerating their depreciation to get the tax benefits.

You should consider whether the potential property value increase or other benefits outweigh this loss. 

However, the more I learn, the more I think on how to capitalize on the benefits from the deal

I'm glad to connect and see if I could be of benefit to you in regards to advice on your investment and any other potential questions you might have.

Try to see the big picture when getting started - maybe seeking private / hard money to get in to the deals where there is more profit potential could benefit you.

@Joseph Henry Renting could net you $2800/month and offer tax benefits like depreciation, but you'll face future maintenance costs for the furnace, A/C, and roof.

In some states there may be some benefit, but personally I have not seen a reason why a land trust was ever needed.