if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. . 

Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I've been a member of GAREIA for about a year and it's been fantastic - lot of people in that group that are experienced and excited to help the next gen investors.https://gareia.com/Feel free to PM me or reach out to contact info in bio - would be happy to help however I can! 

Can you share some info/numbers on this deal?

Why ask: Get clarity on the full cost of the program, any additional fees, and what’s included.

Additionally, any existing restrictions at the town level (there are MANY) will be abolished, unless deemed "reasonable" by the state.

Additionally, FEMA updated the local flood maps here in July 2024 and much of the area now requires flood insurance. 

Would love other feedback/info.

What do you mean you are paying $400 additional dollars more than what you are paying now?

I know hosts have included additional cleaning fees for violations as a deterrent.If none of these solutions work, you could look into completely independent HVAC systems for the two units, though that would be a bigger upfront investment.