I suppose it ultimately doesn’t matter, but I just want to make sure I understand fully before considering that as an investment strategy option. 

When you depreciate that portion of the asset, you reduce your basis, and ultimately increase your future tax liability in exchange for the write off in the current year.1) What is your short/long term plan with the property? 

We rent out our ADU, but you can design it for ultimate privacy, we did on our property.

I am willing to learn as much as possible so please suggest materials and conferencesThank you Just a word of advice, if you ask for advice to be honest most people are gonna try to sell you on their market and ultimately their service or course, you need to figure generally the direction you want to go, your risk tolerance, the area, the trade offs between appreciation and cash flow, understand, it’s going to be hard to get much if any cash flow in this market, brrring & flipping are close to dead with the exception of a few areas in dc and a few rural markets, even there it’s difficult, come up With a basic plan than go into a conversation with whoever you work with and at least understand the right questions to ask, the best comparison I can make is my mom always makes me go to the mechanic with her, even though I can’t actually fix the car, I can at least talk the same language as the mechanic.

Ultimately, I think I would focus on the market that is closer to where you live for these smaller investments.

Ultimately if you are really looking for someone entry level, then I would call CPAs and try to find one that personally owns several rental properties.

OOS investing is the route I ultimately chose for similar reasons.

Our goal ultimately is to create cash flow within 10 years of 6k-10k ideally and also be able to buy our personal home in Texas that will be our forever home once we relocated there in 6 years.

Does the IRS ultimately look at the investors' intent when they quitclaim right away?  

Also it completely freed us to be able to travel anytime anywhere for weeks at a time and ultimately months at a time.