Hello Everyone - I am wondering what everyone knows or thinks about rental market in Reno Nevada - near Truckee River and downtown Reno. 

Looking to turn my residential property into my 1st rental property and trying to look at numbers to see if it makes sense.

Along with my 2 business partners I buy & build small micro-resorts and unique vacation rentals across the Appalachian region.

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

A lot of investors navigate this by using rental income to qualify rather than personal income.

I currently own 3 properties, farm, rental, and private residence.

Anyone able to help with some rental / lease comps?

My second question is if I take most of the deprecation on the property in the first 5 years, is it in my best interest to purchase another rental property within those 5 years?

I bought my first house hack when I was 27 here in Los Angeles and on my second plus out of state rentals.

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.