Those that don’t ban them are choosing like Las Vegas to make you live in the property while it’s rented out. 

I'm currently living down here but all my financials (assets, bank accounts, income, tax filings, etc) are in the US.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

I'm not sure what you decided on the Akron property, but I live an hour from there and could drive the neighborhood for you.

Last Thought:  If your parents plan on exchanging into a property with the intent of renting the property to you, make sure that they are charging you something close to fair market rent for living there. 

It is all about intention, don't go into it without planning on living there. 

Purchase price: $350,000 Cash invested: $600,000 I own and operate Platinum Resort Assisted Living, a 16-bed Memory Care Mansion located in the heart of Georgetown, TX!

Could it qualify for a conventional loan and you do a live in BRRRR using your HELOC for the rehab?

(Side note I live in a small town so may have to look in the larger city of Columbus which is an hour away. 

In your case if you don't need the income to live on, I'd look at the ROE and determine if you can do better with less work.