Based on the limited info - back of the napkin says not to go any further on the duplex you're looking at unless you have deep pockets to carry it while you wait for the capital gain.

I'm Texas-based as well, in Austin. 

Then we send a curated list to clients based on their buy box.

Your depreciation will actually start in the month and year it became "occupied" as a rental, based on the original purchase price, minus land, plus whatever capitalized items you did to prepare the property for rent.

Ideally, I'd like my first few projects to be local to me in Atlanta/West GA/NW GA market as I get my footing but am flexible for the right deal (out of state or more south/east of Atlanta which I know investors are loving right now).If you are an experienced investor currently cash flowing 500k+ annually I'd love to hear your thoughts on my goals, pitfalls to avoid, strategies to employ etc. 

What's up Jad, I'm 24 and a broker based in Sacramento.

In addition, check out the chamber of commerce https://greaterlouisvillepartnership.com/ where you can find the top 10 employers for different industries such as healthcare, tech, manufacturing and logistics.

I guess the key question is will you be using this property as a 'home base' throughout your nomadic travels and how long would you like to keep this property as a home base? 

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

Take the prelicensing class, then take the exam, then be employed by a broker