Opportunity zones are designated areas of each state (which tend to be more developmental/low income areas) where the reinvestment occurs. 

However,  with each deal those nerves will become less of a factor until about your third or fourth (more or less depending on your personality)  when they won't be an issue. 

curious, when buying a property like this, does the income from the rental property factor into the DTI? 

I don't think it factors depreciation and syndication details though.

We have been taking the depreciation which is around ($225K-40K)/27.5=$6.7k/year – till now about $68K.With the increase of property tax and other factors, it no longer makes a lot of sense for us to keep R as a rental.

Every insurance carrier uses different rating factors in their pricing.

It's icing on the cake, but what you really want to focus on are the economic and demographic trends of the markets and then the financial factors that make for a good cash flow market or whatever your particular goal is.

You'll have to figure out what the right factor is in your market.

If you're still wondering, a lot of landlords prefer to use property management platforms because they are specifically designed for paying rent.

I would imagine many factors could come into play, but is there some general time frame I can base expectations?