To deepen my understanding, I've also picked up David Greene’s book on the topic.I genuinely look forward to connecting with seasoned investors in this community and learning from their real-life experiences.

They could have used that money for much better investments that would have allowed them actual financial freedom.People look at tax deferment as if it is some pot of gold that then dictates their very life.

@Nate Pucel The depreciation basis for a rental property includes the purchase price plus the cost of renovations and improvements that add value or extend the property's life.

Properties are not like stocks where After IPO the market cap is so large that that most of the life changing appreciation is gone. 

People who say it depends on the market and property can’t be real human 😂 of course you need to adopt it.

The human race has historically been poor at predicting future, so it's wise to prepare for multiple scenarios.Mortgage rates in 2025 may decrease slightly if inflation stabilizes and the Federal Reserve eases rates, though they are unlikely to return to pre-pandemic lows.

I already have money left in the property and hesitant on sinking anymore in.  .If there isn't much equity, and there is so much to fix to make it livable, why not do a "deed in lieu" with your lender and move on with life?

In 5 years and almost certainly in 10 years Scenario A can change your life. 

Quote from @Shannon Vistisen: @Brady Morgan You are a life saver!!!

My personal example is a one bedroom condo I’ve held my entire adult life - and this is in a top tier market - Dupont Circle neighborhood in Washington DC.