I am aware of the other depreciation such as the sold unit itself and any other depreciable assets.I used the flooring as an example to keep it simple as providing too much information for a simple question tends to get too far off the answer. ;-)

Hey @Chris Schoonhoven - I am a big fan of Chicago for three specific reasons...1. 

I am considering joining one of the high tiers of the Big Dog Program (Phil and Shenoah Grove).

I've been passionate about real estate investing for the last 10 years and am particularly passionate about owning my own apartment building.I'm excited to learn and connect with you all!

I am in the Tampa Florida area and multi family homes make great first homes and future investment properties. 

I used it to purchase an off market deal and am about to refinance to pay it off and pull out equity (550K total). 

I am extremely new to this.

I am a real estate agent in the Columbia,SC market, but I actually starting investing 2 years prior first.

Aug 2 I am relisting the house if I don't have a signed lease.  

What areas seem like they are good today and have more potential over the next few years...I am looking to invest in multifamily properties this year under 600k...no brrr, no flipsAny feedback and response os very well appreciated.