Hi Cody, so I went to to get my degree in mechanical engineering also, then changed to mechanical engineering technology, machine design. and got my design and drafting degree. 

If this is a class C property then make your office class B in terms of furniture, design, and amenities. 

They will also help you avoid any legal issues that may arise with paperwork, tenant screening, and rent collection.

The 25% exemption noted above is designed for relief from market appreciation not capital expenditures.

Once I hone in on some good market slices, I can then design a more targeted strategy. 

Any legal issues you can think of?

If you go modular you have to start modular with your design so find an Architect that has done it before.

The rebate must be listed on the CD by the buyers agent.Rebates are legal in most, but not all states:  https://www.justice.gov/atr/rebates

Not an attorney and this is not legal advice.

Although a private letter ruling does not establish legal precedent for all investors, there are many advisors who believe two years is a conservative holding period, provided no other significant factors contradict the investment intent."