However, there are no metrics I see right now, along with the actions and proposed actions of the federal government that would indicate to me that housing supply will drastically improve, or interest rates will drastically rise soon, that would lead me to conclude property prices or rent costs won't drop in the near future.

@Arwin Nassiri Be sure to do your due diligence when considering raw land, and consider particularly the cost of getting water and other utilities to the location and whether you can actually build on the land at all - any structures or improvements within 25ft of a Joshua Tree will be difficult, expensive, and likely impossible in most areas - and you generally can't move them either. 

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

But to get there, I know I need to have a high school diploma which is something i’m honestly worried about, I moved a few times during freshman and sophomore year and didn’t go to school much and by the time I got back into going into school covid happened and we all got sent home where i didn’t do any school work cause it was such a drag and doing it at home was really hard for me when it was stuff i wasn't interested in and now i’mbehind credits and already worried about this year because I am just coming out of a quarantine from having covid which had absolutely zero affects on me and a lot of my peers so that honestly really is annoying how the staff and this state is treating school like a prison which comes back to another reason why I’m worried about this year because i don’t wanna be there at all like it’s just a sad depressing environment we don’t even get tables at lunch and are schools so crowded this year no ones social distance so idk how it makes sense.

If it's a larger organization, feel free to inquire about their different staff qualifications.2.

The only time your depreciation basis in a property will increase, is if you add more money into the property via capital improvements.

The hard part with this approach: in a single family with 1 kitchen and 1 bath, I end up budgeting about $450/month just for repairs and long term capital improvements.  

If the other heir fails to step up to probate the property, you may be able to keep all the rent  If the other heir does petition to probate, you could deduct the reasonable and necessary costs of the eviction and of renting the property (but not the costs of improvements).

That would improve the my cashflow, using the 75% rule, to $6,225.

The cashflow looks nice, of course, and the 10 year option gives lots of time to really improve the property and boost rents, etc.