@Troy Little going to second what @Matthew Irish-Jones warned about slowing down.Couple of additional thoughts:1) Difficult to qualify for more than one FHA loan at a time. 

Sorry for the bad experience and thanks for warning the rest of BP!

I did not cover the living room windows, because it lets in such lovely light. 

Fortunately, the unit only requires light touch-up work to be rent-ready, and I’m planning to list it within the next week.

Instead, you can unlock 100% bonus depreciation on assets with a useful life under 20 years.This includes:•Furniture & appliances•Flooring•Window coverings•Landscaping & outdoor lighting•Fencing, driveways, and patiosThese can often make up 20–35% of the purchase price — all potentially depreciated in Year 1 with a cost segregation study.Cost Segregation Friendly Features = Faster Write-OffsCertain property features allow you to break down the building into faster-depreciating components:Look for:•High-end finishes (luxury fixtures, lighting, smart tech)•Pools, patios, outdoor kitchens•Detached garages, ADUs•Upgraded appliances and built-insThe more non-structural components a property has, the more value a cost segregation study can carve out into 5-, 7-, and 15-year buckets.Newer or Recently Renovated Homes = Richer DepreciationNew builds or heavily renovated homes often pack in:•New HVAC systems•High-efficiency appliances•Premium flooring, tile, and cabinetryNot only are these attractive to guests — they’re also gold for depreciation, since they’re assigned shorter useful lives and can be depreciated more quickly.Higher Purchase Price = Bigger DeductionsIt sounds obvious, but worth repeating: the more expensive the property, the more there is to depreciate.A $1M STR might yield $200K–$300K+ in bonus depreciation in Year 1.

While property management fees are important they must be viewed in light of what other firms are charging, the scope of services provided & the quality of those services.

A Pex repipe, kitchen renovation, new water heater, new LVP flooring, bathroom vanities and mirrors, new toilets, popcorn ceiling removal, new AC units, light fixtures, light switches and outlets, general home decor, paint, and landscaping.What was the outcome?

I guess I should be happy that Ashcroft is keeping the lights on, all things considered....

Since you’re looking for move-in ready or light rehab single-family homes under $250K, I’d suggest also considering some strong, investor-friendly markets that tend to offer great cash flow and appreciation potential:Canton and Akron, Ohio - These cities have affordable housing, steady rental demand, and good property management options.

Some markets to consider:Ohio: Akron, CantonTennessee: MemphisMississippi: SouthavenGeorgia: Griffin, Forest ParkAlabama: Birmingham, HuntsvilleTX: San Antonio, Houston, Dallas suburbsNew Mexico: Albuquerque These markets often offer cash-flowing single-family rentals possibly in your price range, especially if you buy turnkey or lightly renovated properties.Cash vs.