This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

With that being said, in order to make the right decision the answer is in the math of the blended rate.

I think AI will continue to get better with time but robots will never be able to build true trust because they have no feelings. 

Don't spend your time with other agents as a focus. 

Your son is responsible for making payments on time or ruining this seller's credit. 

I want to know more about the area and build a team that can help me purchase and manage properties.   

Educate yourself, become expert, then make decisions from a place of expertise.  

Quote from @Rafael Valdor: I hear horror stories about renters all the time, but that doesn't mean all renters are bad.

You also need to educate yourself on how to manage an investment property.

This is the first time I've heard of a city or municipality doing something like this.