So purchasing larger and larger properties allows investors like Benjamin to purchase more depreciable basis while continuing to defer and recapture.  

@Jei MercadoIt's definitely going to be a case-by-case basis.

However, refinancing doesn’t reset the cost basis for depreciation purposes.Depreciation Recapture: Transferring the property to an LLC and later selling could trigger depreciation recapture taxes.

But it is not an easy home to fill given the rental rate is above average for the neighborhood (but well below average on a $ per sq ft basis). 

There is a lot of misconceptions still, about what it is, how it is mined and how it could penetrate daily lives even more than the internet did and does. 100k is the low end...Mcafee ( the security software guy) is a coin miner and says that he bets bitcoin hits 1 million by 2020 or he will eat his own private parts.

Eventually I had problems with Regions getting wires out on a timely basis.

After the property is acquired, during any 30-month period, the additions to the basis need to exceed the adjusted basis at the start of the 30-month period.What is the 50% of gross income test?

That said, $8k is a big nut so I'm really not quite sure if I will go with a private consultant on an hourly basis or go with them or some other form of coaching.  

Your profit is the difference between your adjusted cost basis and your net sale.Adjusted cost basis is your cost of acquisition plus any capitalized improvements minus depreciation.It is very possible that you could sell a property you have refinanced and generate no cash at the sale but still have a big tax bill because you sell it for more than you purchased it for.

This is something I hear almost daily from investors.