The city’s investment in infrastructure, new businesses opening up, and revitalization projects have made a real difference in neighborhood quality and overall economic activity.Population Growth: After decades of decline, Detroit's population is finally growing again.

Also remember the time these returns will take to amend along with the possibility of opening up audit periods/red flags with the IRS due to amendments.Doing this yourself on turbo tax likely won't be your best bet considering all of the details.

I forgot to add... always remember the saying "Location, Location, Location..." .

This savings can then be reinvested into more properties, allowing your portfolio to grow faster.

However, you will need to adapt and adjust the plan as you grow and learn more.

Looking forward to engaging with this community, learning from your experiences, and contributing as I grow!

As you grow your business, having a real estate accountant in your corner can help you maximize your deductions, ensure compliance, and plan for future investments.

Remember this is not personal, this is a business. 

It’s worth remembering that one year ago (10/19/2023), mortgage rates peaked at 8.03%!

And eventually, they also fail financially, because over time capex exceeds cash flow.So I am very much in favor of @Tim Ryan 's idea: pick a market and grow roots.