Quote from @Ben Trageser: If you live in your short-term rental (STR) property in a future year after claiming depreciation, depreciation recapture does not occur immediately.

•Drought-Resistant Landscaping: Consider native plants, decorative rocks, or even artificial turf in smaller sections—it cuts down on future maintenance headaches.

There are pros and cons depending on your goals.Why an LLC Might Be a Good Move• Helps protect your personal assets in case of a lawsuit• Makes it easier to bring in partners in the future• Keeps your real estate finances separate from personal accountsWhy It Might Not Be the Right Move Just Yet• Most traditional lenders will not give a mortgage to an LLC, so you may have to use commercial or DSCR loans, which usually have higher rates• Some people assume an LLC will save them money on taxes, but rental income is still taxed as pass-through income for most investors• There are extra costs like annual filing fees and bookkeepingA lot of new investors get stuck on this decision, but the reality is, you can always start out in your personal name and transfer properties into an LLC later.One more thing I wish someone told me early on is that property management takes more time than you think.

I think BP is a great place to get ideas for future flips and see what has worked for others.

Additionally, with $50K in equity, consider leveraging it for future deals.

When you have a good cash on cash from day one, it means that appreciation won't be that great.There are many other factors to look at as the neighborhood and the age of the property those are going to give you a better undertanding on future growth

And, just maybe you’ve purchased at a point where Detroit has hit its low, bottomed out, and is set to reverse trend and grow.  

This is why I Believe rent and sales  will drop in prices for future . 

Buying mixed use means you want to feel confident in the future demand for both residential and commercial space in that area.

Purchasing a rental, even an out of state one is not fully passive without being expensive so you should plan on actively managing your investment by continually analyzing your performance to build a better equation for analysis of future deals.Also, if you gain traction and start to scale, eventually the long distance inefficiencies become an opportunity cost you cannot afford so make sure you choose a market area you’d like to live in once you hit early retirement.