You can continue to invest in real estate and create more depreciation losses via cost segregation to offset the recapture though. 

I'm doing everything I can to learn about real estate investing (mainly via reading), and there are concerns I have about my future in this field, that I want some more clarification on, and better yet creative solutions.

Would you consider raising money via arbitrage/short term rentals to do minor upgrades and invest in another property.

I want to break into investing via private equity because loans with interest/origination fees aren't allowed in my religion.

But I have started to take my real estate endeavors serious over the last year and my studies much more serious over the last 5 months and although I may not be ready, I am ready and eager to take that leap of faith and try and put what I know into affect with the right people and obtain my first property in the West Texas area via House Hacking or a buy and hold deal within the next 60-90 days. 

Derek, so assuming I get a 300K from equity via cash-out refi and I purchase a new property in full cash with no mortgage but with enough monthly cash flow to cover the new loan amount of $494 K ($194K + $300K), wouldn't it be okay to take this consolidated approach with one loan with two cash-flowing properties covering the monthly mortgage and other expenses?

Don't even get us going about S8 tenant retaliation via abuse of utilities!

If I buy multi family comm real estate via a RE LLC company with my Roth IRA does the rent income become UBIT taxable ?  

I simply rely on Airbnb and VRBO (although the vast majority of my bookings come via Airbnb).I have a great cleaner and I'll have a handyman, plumber, etc. come to the house when needed for those things. 

Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.