Here is some context on the two possible obstacles I see:Zoning - The area is legally limited to single family homes, as in 1 and only 1.

It seems really limited to searches on a street by street, parcel by parcel basis. 

So it depends on the amount of the equipment.I have a CPA handling my taxes, and years ago, he set a $1,000 limit originally for deducting equipment which had been increasing over the years, so I no longer ask him annually.

You have done well thus far but in order to continue to grow you will have to grow past your limitations, TIME and CONTROL.

I wouldn't limit yourself to a certain amount of deals per year.

This marks Bascom’s sixth acquisition in 2024, further solidifying its strategy of investing in high-demand markets.Despite a challenging market with high interest rates, Bakersfield’s strong multifamily fundamentals, including population growth and limited housing supply, have made it a prime investment location.

These people are also concentrated in major metro areas with lots of red tape on development and limited space to build anything new. 

As @RussellBrazil pointed out, it’s important to be mindful of the city limits between DC, Maryland, and Virginia — they’re all in close proximity, and it’s easy to blur the lines!

If your income is below the $150,000 AGI limit you will be able to use up to $25,000 of the passive losses (if any) to reduce your income and therefore tax. 

There are some additional things that could help determine which loan product is best for your situation.203k Best When:- Credit scores 680-720 or less- Renovation will improve the value of the home more than 75%- Renovations will be on or in the home - no new yard projects, only fixing existing- Higher Debt To Income (can get approval with up to 56.9% dti)HomeStyle Best When:- Purchase + Renovation costs will come in higher than FHA Limits- Home improvements will only improve vale 75% or less - 720+ credit or 20% down (of purchase price + reno cost) to avoid PMI- Exterior Projects (fence, hardscaping, pool, outdoor kitchen)- Lower Debt To Income (sometimes as high as 50%, many times between 45-50%)- Renovations that are greater than $35,000 (soon this will move up to $75,000)Happy to answer any other questions that you may have!