If you are considering this approach, I suggest you buy an A-class property in a landlord friendly city and get a PM.

Hi Shayan--Here is the thing...when flipping for me, the class of neighborhood, location of property in that neighborhood, and amount of renovations really matters. 

I am not sure where exactly this property is, but this is an example of why I prefer B class neighborhoods or better when looking for rental properties. 

You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.

I've been an investor class B/C turnkey properties for just over 7 years now and my % of gross rent seems to be ~21% to 25% so far. 

- Each Housing Commission sets their own rent rates, based upon market rents for Class C properties in their area.You should be able to find an online list of S8 rents per bedroom for your area.

Evan took an online class and learned how to replaster walls and yes I do mean old school plaster.

This can help reduce risk and volatility by preventing overexposure to a single asset class. 1031 is only for investment property.7) Deprecation Schedule resets when the property is purchased in partnership with a DST.

It is maybe a couple hundred dollars to join and you can attend numerous classes and meetings.

I'm looking to enter this asset class at a smaller price point to learn it more.