So, there is nothing wrong with your thinking.Buying power in your area should continue to increase as military, civilians, and contractors have been getting decent to very good annual increases. 

Around what percentage annual net collections makes renting out worth it versus just selling and money market/interest. 

The east side is mostly industrial and low income housing.

.,   What kind of annual ROI is usually typical in a syndication deal?

And it will be ordinary income tax. 

I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties.

Regarding what we're looking for, cash flow is a must, as we want to match our W2s with rental income as quickly as possible. 

Idenitfy properties with enough deferred maintenance for a discount and not enough for Full scale renovation.With 10+ unit properties, you can utilize more DSCR loans and drive the value through the income approach to valuation. 

I am also going to required annual increases in rent based on the CPI index, among a few other things.Does anyone have experience with this?

In an IRA the financed portion of the property triggers whats called UDFI (unrelated debt finance income) which triggers UBIT (unrelated business income tax).