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

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.

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

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. 

Study the market.

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

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.

There’s an opportunity to take advantage of Qualified Improvement Property (QIP) if depreciating over 39-years.A cost segregation study can assist you generate accelerated depreciation deductions since you’re generating a monthly profit.

for non commercial residential I saw a study indicating that 97 out of 100 largest cities that it is initially cheaper to rent than owner occupy purchase.  

Anything $2500 or below can be deductible via de minimis safe harbor.Higher expenses need to be capitalized.You can also do a Cost Segragation Study to capitalize some items quicker based on life expectancy.