For depreciation on one of the properties, I was planning on separating/segregating carpet, floating LVP flooring, cabinets, dishwasher, microwave, oven, and a shed as separate assets from the building and using 100% bonus depreciation to deduct fully this first year.

Most students jump around from year to year and you probably don't want to get stuck with students for more than 1 year if there becomes any issues.3) Parking and laundry would be bonuses.

The original carport was enclosed to make a bonus room at some point.

Many other deals we see have 20 to 30% (of equity) bonus depreciation accelerated into year one under the current tax law.  

That said, with the added bonus of fruit trees & garden space you may find a like-minded longer term renter. 

That might be another big bonus for you.#10 What are the employment and growth prospects for Lovell, WY?   

Cash is king, appreciation is a bonus. 

There're several options, including 100% bonus depreciation in the 1st year.

You could scale into a larger deal, get a preferred return with a lower risk profile, and possibly get bonus depreciation the first year as well.

What qualifies for bonus depreciation deduction and do you always need to do a cost segregation?