@Michael Keffer Hi Mike, I am still interested in learning more about Ocala FL for potential future investment. 

That's being highly weighted through owning debt and generating alpha through gold, alt allocations, little US equities, and little emerging mkt equities.$1mil and getting 75% return on it to get net $40k/monthly, that'd be quite the feat.

I would like getting into those in the future.

I'd also suggest self-managing your first property to maximize cash flow and learn by doing for any future investments.

Your future is bright, best of luck! 

The only thing that bests fear is courage and we only need a mustard seed of that to get things going...People often spend money on college and never go in to the field they spent that money on...the greatest lessons and the ones most remembered are learned 'on the job'.Wishing you more good news in the future and an exceptional 2025. 

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

However the most obvious benefit based on what you’re stating is that the depreciation from cost segregation will offset your $100k in taxable income from your commercial rental.There could be more benefits depending on future plans especially if you plan to sell any real estate in the near future. 

Since we’re in the early stages, do you have any tips on building meaningful relationships with lenders or private investors for future projects?

The issue why most wives don't like this strategy is because they have to move into an ugly home that will be a construction zone for the near future and they have a hard time looking past that.