I am out of state and don't know a lot about the Jacksonville market today.The property also has firepit in the backyard, smart door lock, cameras, thermostat, and router installed.

I know Delaware County very well. 

For anyone know of where you can go and get financial education in a camping style format?

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.

Here is the excel document:(this is assuming a SFH 3bd/1ba 1200 sq ft)Please let me know your thoughts.

Let me know how I can help!

I would love to meet up and get to know some of y'all and talk about options.Brian

I'm hoping you guys know some resources I don't Alternatively, does anyone have suggestions for a good insurance broker in Baltimore, MD? 

It can also be a a good market for appreciation IF you know where the path of progress is.I disagree about South Bend being on a downward trajectory.

Hello Andrew, Not being professional landlords we were didn't know what we didn't know and priced the rental without utilities.