In my experience lower level units are less desirable and minimize your rental income.

@Michael Haynes - issue is we’d be profiting $800k and I can only exclude $250k… Zero chance I’m paying that much capital gains tax for something I earned quite literally with my bare hands.I just got off the phone with 1031 intermediary and we might not be able to 1031 at all.  

Of course, if you owe no taxes because you invested funds from a self-directed IRA or don't earn enough to pay taxes, or the property will be sold within a year or two, a cost seg study is not going to be of value to you.

I think you are going to get a wide range of opinions here because ultimately where and how you choose to live/invest can be a very personal decision and vary based on personal values, desired lifestyle, investment strategy, etc.

Many people get that designation, but you won’t be able to if you’re a high earning W-2 employee for the most part.So it will be hard to do that unless you are a qualified real estate professional, or your spouse is.

True, you will also get depreciation to reduce your tax bill on other earned income, and you will also get amortization (loan pay down) and possibly appreciation, but 6% is pretty meager. 

In such a case as this, there may be more of a reason (including legally) to have cameras anywhere in the home you would desire to have them placed beyond the bedroom and bathroom.

These tend to be lower end properties in less desirable locations.As for determining rental amounts. 

Does anyone know Family Dollars desired rent to sales ratio?

Flood openings, when done in accordance with FEMA rules will save you money but they must be certified by FEMA to earn mitigation credits.7) Prior Claim will not be considered until you have a loss after October 1 2021.