Granted, if your plan is to swap properties before major capital expenses, that makes it easier --- pretty standard plan.Otherwise, just use whatever investment plan you have for the extra cash flow. 

Paying down debt faster has benefits, such as reduced interest costs, increased cash flow, and peace of mind.

@Xzavion SchultzeOnce you pay off your car, your credit will most likely increase.

Building positive relationships with tenants can increase their retention and reduce turnover, promoting consistent rental income.Consider FHA loans with lower down payment requirements if you're starting with limited capital.

Does anyone know why the sudden increase?

Property value increased by 135% in 2-years time Lessons learned?

Short answer: no, not a direct offset.Longer answer: if you already have enough itemized deductions to exceed the standard deduction, then yes.

Any and all comments would be greatly appreciated.Please see Image below:The above is the Turnover Management Process and is the Standard timeline for basic turnover services for a Property Management Company.My main concern is the time it takes to turnover a property.

S8 comes with it's own set of rules but if you have a good property manager, they'll be able to help you navigate those waters and make sure the property is up to S8 standards but the cashflow has been awesome. 

Long-Term Development:Local Metro: Ongoing development projects can positively impact property values over the long term. but probably wont increase at the same speed % wise as the more rural location.. maybe I'm wrong ill have to research now ..