BTW, these were both Texas only fund, exemption from registration was via the intrastate exemption, and compliance was with the Texas Securities Board, where the offering was filed and reviewed to be in compliance. in 2014 I started a Reg D 506 C note fund, with the emphasis on note sizes much larger than the Texas only funds - $400k - $5 million.  

I'll start there! 

The previous owner started to repair it.Looks a little rough, but we’ll get her all fixed up.

Quote from @Qais Attarwala: Hi everyone, Just wanted to start out by saying thank you to everyone in this really supportive community.

This includes critical programs such as: Social Security & Medicare, Medicaid & SNAP (food assistance), Pell Grants & Head Start, and Rental Assistance Programs". 

You should consult with local property managers and find what the average DOM would be to lease your home and rental rates etc. this would be a good starting point. 

I'd recommend you start there.If the quote you have found is correct, then Bonus Depreciation might not be the most financially-friendly choice.

Stay consistent and things will start to fall into place

Then once I find a property that I like to buy I'll start looking at the comps in the area that have been rented and are currently on the market to be rented and make sure that my mortgage payment will at least break even with the rental comps.I'm using rough estimates on Zillow and websites alike.

To start out, I'm finding renters on my own and am not renting through AirBnb or VBRO.