Besides, this was based on a "half-year" convention, while you also have mid-month and mid-quarter conventions, the latter one having 4 versions.The IRS kindly offers you their Publication 946 which "explains" depreciation on its 111 pages, half of those being small print tables.

Outside of experience in the market, check out the multifamily quarterly reports put out by berkadia for overall market metrics.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Some boards are flat sawn, some rift sawn and quarter sawn.  

I thank you again for reaching out and look forward to going back in fourth in the future after we take our first step in actually landing a deal and trying to scale because long term wealth is our goal.

my mentor worth a quarter billion,said panic selling precedes the bottomand is taking a time-out to enjoy life LOLPATIENCE AND CASH IS KING he/she saysso I no longer believe in Dalio LOL

However, if you have a quarter million or half a million in your 401k, then you're in a better position to possible get over the rental property phase.With $100,000 to $200,000, your best bet is probably buying small rental properties, like what I did between 2010 and 2015.

Rich is just a measure of what you earn in a given period of time- per month, quarter, year. 

Now all of my credentials combined make me about a quarter of a mil a year part-time from home for relatively easy work with no overhead and little real risk. 

A fourth bedroom will up your ADR, but not usually as much as you might think.