Once everyone understand the mechanics, and the results for all: they'll keep coming back to the table!

Whether it’s connecting sellers with the right buyers or creating win-win opportunities, I thrive on taking action and delivering results.  

The squeaky wheel gets the results.  

Switching the utilities over will result in a reduction in maximum rent increase.

Finally, be prepared to need a 30-35% down payment.

Yes. we finally have an APP that lets us provide a rating for the renters.

Bonus depreciation will finally be phased out in the 2027 tax year This is well said

You put all efforts and finally the outcome is zero. 

If you spend the entire $300k restoring the property, then here is the end result:- deductible casualty loss of $50k- no current tax- the restored property has $0 basis and cannot be depreciated- when it is later sold, the entire sale price is taxableMechanics and reporting are tricky, and I would not recommend to DIY it, especially since my scenario is over-simplified, and your real scenario is likely to involve more gotchas.Thanks so much. 

And the final step, what will you do with your current home?