If you did it in 2025 but didn’t meet REP/material participation, a lot of that loss could get trapped as passive.Caveat: bonus depreciation phase-downOne thing to keep in mind is that bonus depreciation is phasing down.

The image that comes to mind is that of the riots, and that seems so very far fetched today despite everything that's taking place.

There's absolutely some nuances if the property was acquired in 2024 but not placed in service until 2025, so please keep this in mind. 

That's stable income from day one, which is critical for a house hack.Since you asked for perspectives, the one thing that always comes to my mind is cash reserves.

One of the biggest things to keep in mind is how to grow your portfolio with a strong tax strategy behind it, and how that strategy interacts with your current income and long-term goals.

@Nhi Ly   If you are looking for student rentals, something to keep in mind is that you want to be North of E 11th and west of North Fourth st, and south of E Blake to appeal to the student housing crowd

However, I've since changed my mind.  

C- in my mind is replacing cabinets and fixtures in bathrooms and kitchen.

Quote from @Jason Malabute: This isn’t financial or legal advice, but something to keep in mind is that bankruptcy will have a long-term effect on you.

Keep in mind, I only buy "off market" so the property is not on the MLS.