Also future expansion to add additional buildings to rent.

For a TX real estate pro, Michael is an obvious choice of tax pro.Prior to pulling the trigger on a Cost Seg study, you should evaluate 2 things:1 - How much net additional deprecation tax deductions a Cost Seg study would provide: Best way to get this is by requesting a free feasibility analysis from a Cost Seg provider.

You still want to qualify just the same as Section 8 is just a source of additional income it does not classify a type of person or a type of property , I do multiple Section 8 deals a year.

They have to cover their lodging , eating out , and travel time in addition to any other expenses . 

Its completely hands-off (other than monitoring your account), very liquid, no additional expenses (like a leaking toilet, new roof, new flooring, etc.), and not deferred tax liability (which automaticlaly happens with a rentla).Oh, and you still get a step up in basis --- don't know why it keep being sold "as-if" real estate is the only asset that gets a step in basis on death... 

In addition your family in a vertical line cannot benefit either. 

In year 2 I bought two 4 units, a 6 unit and a 14 unit - so 24 additional units. 

Additionally, achieving a good ROI requires a great property manager, so it's not solely about having the right property in a good location.

It may boost your income by giving you opportunity to earn commissions on real estate transactions in addition to imparting useful knowledge.Start with small-scale real estate endeavors.

TLDR: If I can feel confident in the deal itself, I have no problem taking on additional debt.