I will continue looking into the areas you mentioned and appreciate your insights.

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.

Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.

Managing the property yourself can save money, teach you the ropes, and give you firsthand experience dealing with tenants and operations.

@Camille Romero Operating a rental property out of state, especially just 1, can be very difficult and costly.

Looking forward to the journey ahead....In my experience, very few properties in Ohio are strictly required to operate as Section 8 rentals.

I have seen several offers from operators around the country who are offering interest rates of sub 6% for a 30-year fixed mortgage with a 20% down payment required, NO POINTS.

End of rant - continue!

As far as I know the prices have continued to be stable or go up.

As you progress, maintaining a clear line of communication with your team, especially your property manager, will allow you to stay ahead of maintenance issues and tenant needs, keeping your operations smooth and your tenants happy.If you haven't done so already, consider outlining your goals and investment criteria with a property manager early on.