You will still receive the same depreciation deduction per year since 27.5yr property is a straight line basis, just that the timings are a little different is all.

Provide a signed copy of the NoteThe investor should be identified as follows:For all investments: Client First Name Last Name>, legal owner via non-trust custodial IRA with AETBe sure to indicate % of ownership on title for multiple investorsSigning of documents:On a go-forward basis we will no longer sign documents.Due to the titling change, the account holder will be the only one that can sign the documents (with the new vesting)Excluded States:Because of a variety of issues we have encountered with the following locations we will no longer accept IRA investing real estate transactions in the following areas: The State of Maryland, The State of South Carolina, The State of New York, Cook County, Chicago, Illinois, The State of Georgia, The State of Florida.

Still analyzing every day but having trouble finding deals that cash flow after rehab, especially with the property taxes.

I get tons of leads here on a daily basis with most if not all of them being responsive. 

Why not sell at a stepped up basis and pay zero taxes Uncle Sam?

If he is producing double digit cash on cash, IRR, or annual ROI on a consistent basis kudos.

I have 7 years of data from multiple properties and pore over a ton of new listings literally every day and I don't see a pathway to rental investing success in Philly.

Imperfect action beats perfect inaction, every day.

It's like any other real estate investment, you just need to look at it on a deal-by-deal basis.

AND ~ if they like Quickbooks, they should be able to clearly show you all of your information on a timely basis, answer all of your questions, and help you stay informed on your projects.