In MN it feels like NJ and NY has long bought up every section of decent future developable land.

To wit, people might find this thread and exchange for years to come (I am cognizant of that future audience as I write this).

That will be a future option we look into with multiple properties and tenants but we can handle this one for now.

If you prefer a nicer home with future equity growth, White House might be the better choice.

If you think you might go after them in the future send the pictures to a handyman and ask for a quote to fix all problems.

., structural updates) can be added to your basis, while maintenance costs are deductible in the year paid.Since bonus depreciation is now at 40% for 2025 and 20% for 2026 under the current law, future real estate investments will have fewer upfront depreciation benefits.

But, for future reference, in Ohio there is a little used approach to always get your money back.

I am looking for any recommendations on how to properly scale this idea over the first few years conservatively and not wanting to over use leverage and debt by starting small in duplex and being open to triple/quadplex in the future if the right opportunity presents itself.

Looking at this past week's CMI, it's interesting to see the buyer/seller positioning in the SE-ish area compared to the NW-ish area with rates high 6's in JanuaryStill bullish on W/NW future demand due to TSMC factory and other companies (dashboard snapshot below) but time will tell.

@Pixel Rogue everyone has different future plans - many though haven't thought that far ahead!