If I manage well, and the numbers on the property exceed what my expectations were, either because income ended up being higher than expected or expenses were unexpectedly lower, i may give myself a little bonus. 

Another added bonus is that my younger brother is a student here as well. 

Yeah, you might not benefit from the bonus deduction even if you could claim it.

I believe you get way more bang for the buck with the triplex or another full property versus a bonus door on the current home.

I have found that the investors who are the most successful are those either buying in trendy areas like Lawrenceville, Strip District, Troy Hill, Near the casino, etc or those who are right on the river.

But we have minor league baseball and hockey, college basketball, baseball and football, 2 drive in theaters, 2 lakes, 2 malls, multiple golf courses, country clubs, 2 skating rinks, an ice skating rink, museums, orchestras, theaters, some amazing parks, and tons of great food - all within 5 - 30 min away. 45-60 min away you have Amish country, major league baseball, basketball and football, Lake Erie, casinos, 3 airports, etc.

Another HUGE bonus of Wholesaling!

From what I understand, they can use bonus depreciation once a cost segregation study is done.

(THIS IS A WEIRD ONE BUT IT'S THEIR RULE) - Two years tax returns to validate receipt of rental income - Current lease if property newly acquired - 12 month rent history - Income/loss calculated at 75% of lease amount (Schedule E calculation/worksheet not utilized) -Rental income from departing residence not allowed • Depreciation and amortization add back not allowed on personal or business tax returns (WEIRD, BUT AGIAN THEIR RULE)• 2 Years Tax Returns for self-employed borrowers*No Exceptions*  • Bonus, overtime, and part time income- 24 month history required, if you're counting on it• New Employment- must have at least 30 days of income received • First Trust Arms must have rate fixed for at least 60 months• No Annual fee and no prepayment penalty or close out fee • Tower pays the closing costs and the HELOC has a 24 month close out recapture of those costs.• 30 Year Term – 15 year draw period with  15 year re-payment period. 

That's a great idea and as a bonus I will meet some of the neighbors and give them my information just in case I have any tenant issues.