That is sort of the social studies class answer.

DT Long Beach: beachy urban setting with smaller units 1bdr; close to tourist attractions, and thinking I can STR one unit; BUT high crime rate (90 percentile); properties are older but more attractiveIs it better to go into a slightly better neighborhood in boring Riverside or a more crime ridden area of cool kid Long Beach?

Once the cost segregation study is complete, will I be able to take a full year of depreciation or only a prorated 4 months? 

I'm new here and I have spent a couple of years studying real estate investing strategies.

Programs that market themselves as shortcuts often cannot replace the depth of understanding that comes from study, experience, and engagement with the legal framework surrounding real estate.Consider taking time to familiarize yourself with local laws and regulations.

Have you completed a geotechnical study & are the soils good?

I’m studying to get licensed soon.

This is only if I know or have studied under this person (*************, Ron Legrand  ect..). 

Then, you need to study the IRS Publication 523 regarding the Sale of a Residence.

Keep studying and stay creative!