Hello I am currently living in a 1986 built 2 bed /2 bath, 1 car garage with full basement per side duplex I plan on buying in central michigan.

If you lived in them 3 of the last 5 years, it may be much smarter to sell those.  

The house when completed will be over 2800 sq feet of living space.

Most private lenders won't fund an owner occupied live in fix and flip. 

The whole property you can cost seg but the portion they live in will have to be subtracted from the benefit as you cannot cost seg your primary residence.

your case is: you want to build capital, you live in CA, your brother lives in MD. 

Quote from @Leopoldine Gayap: Hi,I am a new out of states investor. i live in Miami, i am interested in the Ohio market for now. 

That’s to prevent you from living in a 3200sf unit with an 800sf rental unit and writing off 50 or 100%.

To maintain the same buying power in the future, your rents must increase to the following just to maintain the same standard of living.After 10 years: $10,000 × (1 + 2%)^10 ≈ $12,190After 20 years: $10,000 × (1 + 2%)^20 = $14,859After 30 years: $10,000 × (1 + 2%)^30 = $18,114Steve, unless you invest in a city where rents increase faster than inflation, your buying power—what you actually live on—declines every day.

Ralph, I used to live just In Peachtree Corners before moving to Rome.