And this adds up quickly since the IRS makes you pay that depreciation back when you sell.

Quote from @Lisa Albright: Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties.

If I keep doing the same strategy, putting more money down upfront, I will generate more cashflow now but am delaying how quickly I can purchase houses. 

And if you are not in a position to refi quickly or cash out the loan then you too take on a risk.. thats it thats the whole enchilada when it comes to sub 2.

Will the cash flow from the new property quickly pay this back?

Instead we got some smooth sales dude who had hit rock bottom and is now "rich" because he took on debt to do a RIch Dad program years ago.

.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

Sold it for a profit fairly quickly.

I just did a quick lookup on Bankrate for 2024 and for 300k of value in OK was almost $1k less than 300k of value in FL (4800 vs 5600). 

The best investors can spot opportunities quickly because they know the landscape inside and out.