Correct me if I'm wrong, but with the cost-segregation, I could essentially pay no taxes for our rental income for quite a few years.Example numbers:$2m property purchase$800k bonus depreciation$125k rental income annuallyNo taxes paid on rental income for the next 6.4 years or so. 

Plaster and lathe ceilings can be deadly if they have had current or repeated water intrusion from above.

The opposite is also true -- I won't chase appreciation in dead-flat markets just hoping.Where are you seeing the best opportunities right now -- cash-flowing markets or appreciation-driven areas?

You have cash in your hands, it's just frozen...and losing money for you as dead cash. 

I've always been baffled by the idea of putting dead stuffed anything on the walls or anywhere else, and have also wondered why we don't stuff and hang dead humans.

BRRRR (Done Right)BRRRR (Done Wrong)B – Buy Purchase below market with marginB – Buy Overpay or buy with thin marginsR – Rehab Renovate on budget, on timeR – Rehab Cost overruns, delaysR – Rent Stable tenant, realistic rentsR – Rent Vacancy, weak tenant, rent shortfallR – Refinance Appraises as planned, cash-out worksR – Refinance Appraisal misses, rates spike, lender pulls backR – Repeat Capital recycled, portfolio growsR – Repossession Debt service fails → default → lender takes control 

I could be wrong about pieces of it.

In many states, you CAN, on either an inactive, or dead license, or as an unlicensed individual, manage one or more units FOR ONE OWNER.As a former licensee, you likely also need to disclose, in writing, the fact that you are NOT active now.

Everybody was screaming “wholesaling is dead in NC.”Threads were on fire.

If you've got a ton of dead equity sitting in there and you could 1031 it into a couple of doors that yield way more, I'd dump it.