@Jason Dillard, I realize finding deals is the hardest part, but building a team (reliable professional one) is hard too.Shouldn't I worry about this as well ?

Your situation depends on your involvement, your entity selection, and lots of other factors that preclude an informed opinion.3) You didn't ask, but I offer that you should not take or act on any legal, regulatory, or financial advice on a free forum and always seek a professional opinion or two.  

FYI - I use to Airbnb the guest bedroom until my HOA cracked down on that.

I am looking to meet and network with all types of professionals in this area.

utf8=%E2%9C%9...Start digging through these results and reach out to local investors, some will even recommend professionals on the forums like attorneys, GCs, realtors, etc. 

Depreciation - assuming the entire 1.5M is depreciated over 27.5 years means ~4500$/month that I can deduct from my income for federal tax purposes - so would need to multiply by my federal tax % to get an actual $ saved value (im a little hazy on these things, so please correct me if im wrong). doing so doesnt make this a cash-flowing deal with a mortgage, and still wont crack 5% ROI if i buy in cash.finally, here's a link to the biggerpockets calculator for this - https://www.biggerpockets.com/buy_and_hold_results...So, is this a very unattractive deal or am I missing something here?

But it's a not replaceable area and city with so much high income professionals live there.

Be professional and don’t shoot your golden goose atleast not yet

Take some of their classes and learn what it means to be a professional property manager and not just a glorified rent collector.

Will like to connect with other RE professionals for mutual support, and possible investments strategies, thanks.