We will likely go part-time with work, and depend on the passive income, after the 5 year 'Investment and accumulation' phase. - With all the provided background, where do I start?

I am curious about house hacking as well.I am currently in the learning phase and hope to make my first investment within the next 12 months. 

At 51 years old, I am getting a late start in real estate, but I know I can make it work.I am still in the learning phase as I save money for my first down payment.

As a reminder, bonus depreciation started to phase out in 2023.

Chris, The importance of each metric can shift based on your specific goals (buying, selling, investing), market phase, and economic conditions.

If yes, and if you do not have much experience yourself, I would engage a local civil engineer to guide you through the initial planning phases even before you get to design & construction. 

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.As a reminder, bonus depreciation will start to phase out in 2023.

In addition to the rates, material and labor cost remain very high.In The buil-to-rent space, is the lending broken up in phases?

I completed phase 1 and have $75k in credit.

Renovations can uncover unexpected issues, so having an extra 10-20% of your estimated budget set aside can help you manage unforeseen costs.Start Small: If it's your first time budgeting for a big renovation, consider tackling the project in phases.