I no longer hold my RE license, though I'm studying for my KS license.  

While finishing up my studies, I am attempting to put together a development that I could pitch to connections I have made and (hopefully) will make in the future. 

Since it was a rental property for 14 months, it will need:- Schedule E- Form 4797- Schedule DYou should not need to study the IRS instructions though.

Plum Creek, Kyle - 1900 SF, 4 bed 2 bath, Corner lot, large backyard, great school district ratingWhisper, San Marcos - 2300 SF, 4 bed 3 bath + study room, moderate backyard, OK school district ratingThe Whisper property is about $20K higher priced.

It is also worth noting that PHAs undertake Rent Reasonableness studies (link to PDF), which "ensure that rents charged by owners to Housing Choice Voucher (HCV) program participants are reasonable.

But, you don't have to be my age to study the negative effects of rent control, eviction moratoriums, forced section 8, etc.. 

Study the market.

Every book, every econ study for like a bajillion years has said "real estate is the best hedge against inflation" and everyone agreed.... until..... 

A study by Geraci LLP, analyzing data from 125 lending companies, shows that the private lending industry performed significantly better in the first four months of 2024 compared to the same period in 2023.When it comes to short-term loans—like fix-and-flip, construction, and bridge loans—there was a notable increase in production from 2023 to 2024.

That way it is easier to do year one writeoffs and not have to do a Cost Segregation study.