I asked my accountant if I can deduct anything in the property like depreciation and he said since nothing is in my name tax wise I can't.

In its best year, 2023 it cash flowed $3,000 a month before increase in property tax and utilities have squandered it down to maybe $1,500. 

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

My husband and I are building 6 new construction units in Spartanburg, SC that we intend to find long term renters for. 

Not a lawyer or tax person or anything. 

Consider long-term goals, market trends, improvements, tax benefits, and flexibility.

Real Estate Taxes- When you close on a property you will be responsible for the real estate taxes for the remainder of the year.

This is how you can build generational wealth without using your own money.

I am new to indianapolis market, looking to build my team and maily need good investor friendly agent right now. my goal is to buy here around 5 assets a year for rental, in the price for about up to 150K cash per property.Thanks in advance for the answers :)

You should definitely have a CPA to advise you and professionally do your taxes.