They can take a little more work to set up and optimize than those I purchased in Michigan.

So then I went to https://www.royallegalsolutions.com and called the number at the top of the page, listened to Scott narrate his own menu, and pressed #2 "to inquire about our services".

Also prices are continually going up and the opportunities have flopped from a flip investment to more so a buy and hold strategy being more optimal.  

There are markets that do both and will do both if you can truly optimize the properties revenue and profit potential.

Assume you are not the only one adding to the market saturation and run your numbers for a non-optimal year.

My perspective on investing remotely is that I will probably not do it optimally the first time, but I will gradually learn what I need to know from the practice to get better.

It's easier to memorize the Starbucks menu or the NFL rosters.Section 179 basics- can deduct 100% of the cost in the 1st year- applies to 3-yr, 5-yr, 7-yr and 10-yr assets and "qualified improvement property" (a separate post would be needed to explain)- cannot create a net loss- minimum 50% business use required- other limits and restrictions applyBonus depreciation basics, as of today (mid-2023)- 100% of the cost in 2022, 80% in 2023, 60% in 2024, and so on until 0% in 2027- applies to assets with up to 20-yr life- can create a net lossBoth methods have their pros and cons, and choosing between them, as well as generally optimizing depreciation, is a job for an experienced accountant.Cost segregationWhat cost segregation accomplishes is extracting faster-depreciation property (as in 5-yr, 7-yr and 15-yr) out of slow-depreciation real property.