How big of a margin on price can you get??

This means that if you bought a property for $1M in 2025, did a cost segregation study, and found $300K in eligible assets that you could depreciate, you could take 100% of that $300K as bonus depreciation in the first year.You then apply that $300K to the owner’s personal tax rate to find the final amount that you can defer in year 1.For example if your tax rate is 37%, you can defer $111K in taxes.It's one of the best tax deals in the US right now.Yes.

They bought a duplex using FHA with the plan to occupy one side.

Every one of them has ended up in a worse position than if they had a professional on their side.

One of the most successful investors I know moved 25 times in 23 years of marriage if you are super motivated about this.   

I guess that's kind of where I am having cold feet.Understood.

That seems highly unlikely to find properties that cheap of their true value.

Instead of a fixer-upper, pick a quality property that is in or near move-in-ready condition.

Grills may not be kept or used on or under the wooden decks, or within 3 feet of a building.

In most cases, the property manager ends up being the one truly running day-to-day operations, which makes it hard for the IRS to see you as “materially participating.”To meet REP requirements, two things have to happen:-You (or your wife) need to spend more than 750 hours a year on real estate activities, and-Those hours have to make up more than half of total working time for the year.The challenge is proving that level of involvement when a property manager is already handling leasing, maintenance, and tenant issues.