Review your budgeting and projections to ensure you have a line item for major repairs.

You just need to have a good foundation repair company and a good plumber (or multiples of each) on your team.Just watch out for the big ticket items:  foundation, plumbing, electrical, roof and AC - these can quickly bust your budget if you aren't planning to repair/replace them...Remember that the older you go in terms of build year, the more of the above issues you are likely to run into.

Set this up by doing the math and getting the right loan so that your place nearly breaks even after a capital expenditure account is paid (for those big ticket items). 

A lender doing a business loan can most definitely request those items 

If you're in a higher tax bracket and expect to benefit from the additional deductions, a cost segregation study could be more advantageous.Professional Assistance: While online calculators can provide estimates, they may not capture all the nuances of your specific property and tax situation.

I will be hands on and am seeking an active qualification to capture the offset to other W2 and SE income.  

Bonus depreciation allows you to take all depreciation for items with a useful life of less than 20 years in a single year.

I'm happy to dive deeper into any of these items if you DM me or we set up a call.

We are investors that solve seller problems and are compensated for that with equity capture. 2nd, we buy in areas we expect to appreciate or to cash-flow well.  

Here's ahttps://www.irs.gov/pub/irs-pdf/p5653.pdf to the IRS website noting specific items that are included in the cost segregation study report on page 24.