If you sell your property, you will likely have to pay back some of the taxes deferred from depreciation.Think of cost seg as an interest free loan from Uncle Sam - it comes due when you sell the property.My motto:Don't let industry jargon stop you from making smart financial moves!

I’m planning on moving there in about a year and wanted to see if anyone’s already there and if it’s a financial smart idea to invest and live there.

Up in the right corner near your picture there is a magnifying glass.....

Ideally I would like to build a new construction that’s smart and functional that I could then rent out not a palace.

In either case I probably wouldn't add extra cash into a buy down, but using seller concessions could be a smart move.

Always smart to consult with attorney, but I really don't see any illegal acts by going into contract and then deciding to assign the contract to another entity.

I have a smart thermostat, so I will reset the temp on the app after a guest leaves, and check my smart lock app to make sure the door is locked (I have found guests forgot to lock it a few times). 

For the general question in your subject line "is it smart to invest in real estate" I would say yes.

We are eager and we’re smart and we work very hard. 

@David Neubauer Forming an LLC is smart for liability but can save you taxes if get an S-corp.