We are now down to 8.64 million. 

been working to wrap my head around depreciation and I have had a puzzle I am still sorting just because I refinanced last year.

That in itself is a skill and a needed over head component to keep from having investors get very antsy and then take to SM because they are not getting their e mails returned that day or next .. 

Unfortunately, the builder was over their head and went bankrupt.

This is where keeping a cool head and using good negotiation skills will likely yield the best outcome.Good luck.

Just a heads up, there is really no turn-key in real estate.

@Anthony MillerYour property management experience is a major advantage as you start investing, giving you a head start with tenant screening, lease agreements, and maintenance coordination.

.), or pared down?

Heart or head, feeling or knowledge. 

Somehow, I had it in my head that I didn't want to do a cost seg, I like to keep things simple and cost seg seemed not worth it, so I have been investing for over a decade before we did the first.