@Price KenneyYou want to connect with an accountant who is very familiar with taxation as it pertains to foreign investors.A couple things to consider.1) Depreciation calculated may be different if the ultimate owner is US or Foreign.2) Corporation tax rate decreases with the most recent tax reform made "blockers" more attractive.3) use of a blocker is favorable to many foreign investors as you are not required to file a US individual tax return and not required to disclose all other personal information to IRS.However, all the facts and circumstances should be addressed before preceding so please consult with a competent accountant.

a deal that cashflows negatively $400 now could also turn against you as rents decrease now that we are in a rent bubble. a $400 loss could be an $800 loss soon and not only are you bleeding cash then but your valuation will also plummet. we are in a unique market that isn't sustainable long term.. 

I'd rather list the property with plans to decrease asking price based on market interest.

Population actually decreased, but incomes greatly increased and so did housing prices.

But then the recapture would increase my basis, which would decrease the STCG profit at that point, correct?  

@Andrew Shaffer Are you finding rents stagnant or decreasing due to the new apartments? 

Once the third apartment is rented (I am living in it for one year), my operating cost actually decreases because I have less utilities to pay.

Then i was like checking my Zillow views, showing requests updates from my realtor.After 2 weeks we got an application, and with initial review we didn't accepted because of income criteria and no.of people.Then no application for 4 weeks, even though showings were happening.Then my 1st Mortgage payment is coming up, i was getting confused if i made any wrong decision with Rental property investment, and then i started researching on my own, decreased it by another $50, which became 2nd lowest in that area, and mine was better home than the lowest, boom 2nd day after lowered, we got an application on Friday, and i dint accepted right away as it was not 100% to my expectations, and i want to wait through weekend to see if i get any more. 

I know that is a short window in time.I will run the numbers again with a 10% vacancy rate, since there is obviously increased supply in Norman that isn't going to decrease for some time.I do currently manage my house-hacked duplex, and will manage this Norman property, assuming I close the deal.

In my business, I'm always looking for ways to decrease headaches.