If only you have been reporting the property then it's a little murkier and you'll want to verify with your accountant the direction they would want to go.  

Hey All.Ryan here from Boston.I have a great realtor who is automatically sending me the MLS listings of my desired properties in the area I want and, to my surprise, I am seeing opportunities!

Zero experience in real estate, but in searching for our first home we came across a two-family home and decided to go for it!  

Most 'standard' buyers aren't going to want to go through the hassle.

Here in the same county, a friend of mine had an large, older ranch home, built in the 50's, on a gorgeous piece of riverfront property (in a very desirable, upscale, neighborhood), that still had the original electrical meter , and the power cable /electrical feed coming into the house right next to the front door!!!

I know this is a complete different path than what I have been striving for these past couple years but as I chase down financial freedom, I know that REI is the way to go.

Some people say it's good to go commercial right from the beginning.

Time is a consideration, as well as the potential to go over limit on capital gains if do the major repairs.

Yes I am planning to go there in a few weeks.

To your bottom right type in your desired zip code and pick which one you're interested in.