The last piece of the East Bank puzzle will be the sale of Carl Ichan's scrap yard which is going to auction this month. 

@Roopesh KrishnamoorthyFinding cash flowing SFR is going to be a challenge (especially since you are looking for a primary at this point) and if you leave (H1B lottery) then do you plan to continue to fund any shortfall from India?

You can look into a cost seg study to accelerate some of this depreciation.Beyond the basic deductions, keeping a detailed record of shared expenses and understanding the split-use rules can maximize deductions.For house hacks, depreciation is typically taken on the rental portion only (50% in your case).

Quote from @Adam Rivera:I would really use realtors that do high volume of deals in this area you are looking and also property managers.

All sarcasm aside, no, please stop, and don't do this.

Purchase price: $245,000 Cash invested: $50,000 This was our primary residence that we are lived in for 6 years while we fixing up and renovating. 1963 farmhouse that was outdated and loads of half a$$ work and deferred maintenance.

The homeless take over hasn't helped.

Looking for some advice on how 1031 will view rehab costs/ ARV on something like this? 

The states that have fall into two broad categories 1.

This fully renovated 4-bedroom, 3-bathroom home features high ceilings, modern finishes, and a downstairs bedroom for convenience.