You made an awesome move buying in 2012 and also in Dogpatch, which is why you have almost $500k in equity in such a sort time span.

We are in the metro Jacksonville, FL area - spanning 4-5 counties.  

Pools with members spanning employers (all read LLCs, other entities) are out of luck. 

Federal tax depreciation is 5 years, so that would be the minimum life span you could logically argue. 

@Orlando Spencer If you havent't found anyone yet I can assist you in find a reputable realtor in your area as Keller Williams spans across the country.

I have a tenant who has been there since 2005 over the years rent has doubled but it's always $100 sometimes $200 below market. as market rent increases, her rent increases as well but always lagging the market. what I lost in rent I saved in having no turn over cost, no vacancy cost and most importantly no time spent looking for new tenants and having potentially bad tenants. the risk has been reduced dramatically. under most circumstances over 12 years span, you would have 4 or 5 turn overs I had zero and I am only behind $100, $200 max market rent. which is a better deal?

So I had done 2 deals in a span of 11 mos.

So yes I pretty much went on the google search bar and typed in some typical phrases like “Passive Income Ideas” and ended up trying several such network marketing, monetizing blogs, thinking of a youtube channel to create, affiliate marketing w/ Amazon, and several other ideas that didn’t really catch my interest or attention span.

Hi Seth, "in Michigan" is a rather broad span of land.  

Online pole barn warehouses seem to imply 40 year life spans.