I rather hear from a fellow member of BP to hear your experience.  

Should I just jump into it and try to invest in my first property with not much experience besides the many investing books I've read?

Feel free to reach out if you’ve got more questions.

If that's the case, if it's a flipper with zero development experience, no way would I have any interest

In my experience, 75% of the time, the tax payer doesn't have a large enough liability to justify the accelerated depreciation anyhow- depending on your income and tax bill, it might not matter at all.

Can you either rent out your current property if there’s been little/no appreciation, or sell it tax free?

But it seems like 'nothing' comes for free.  

I have 10 years of construction experience and my partner does as well.

Does anyone have experience doing this, and know how to go about it?

Do you have any RE experience?