@Mark Gliebe, Imagine the chart as a one gigantic titanic ship with 24 floors and you are seeing a glimpse of a iceberg in Seattle (first MSA city to be in the red).

This will not exactly be as precise since I don't think zillow shows you "leased" listings; I believe they only show "active" listings.  

The higher depreciation deductions that a CSS will give you and applying that to your taxes might have an impact on your financing (or more precise with whom you are doing your financing) as it might show on your tax report as not making any money or, worse from the perspective on financing qualifications, as losing money with your rentals.

I know the price of the property and I can precisely estimate the expenses.

If it's true what your saying, holding is absolutely out of the question for sure and is precisely why I started this thread.

Go to the HUD site to find the pricing chart for your area. 

I find this kind of info gathering particularly helpful in charting a path forward and as such I appreciate your involvement. 

A more precise way to word this would be that a primary residence does not generate cash flow upon which one can sustain early financial freedom. 

Three main areas; I removed three walls and replaced with proper lvl's and support post's according to IRC and AWC tables and charts, turned a 2nd floor attic into liveable master bathroom & walk-in closet and expanded the adjacent room for a bigger master bedroom, and got rid of a bedroom floor above the family room to turn family room into 2-story ceiling height.

For example, the chart below shows the total cost basis of $2,000,000 less land and other non allowable cost items of which creates a DEPRECIABLE tax basis of $1.4MM which creates an annual depreciation amount of ~$51k.