." - this rule here makes it a dealbreaker to be an investment property.Hoping they will be more lenient in 2020... going to research more into the best City to do this in for Orange County. 

Cost segregation combined with bonus depreciation is huge.A lot easier to 1031 one 100 unit property than 100 individual houses.Apartment rehab often stays below the $2500 de minimis safe harbor per item (because apartment communities don't pay retail) - which means immediate deduction and no future depreciation recapture (i.e. an HVAC replacement may only cost $2400).Some apartment rehab above $2500 per item can be immediately deducted if it does not meet the 20% "unit of property" rules (i.e. replace one HVAC system in a ten unit building).

You'll have to google their phone number due to forum rules. 

You as an owner can set your own rules. 

I paid $90k for the house,mortgage: $646 / month, utilities: ~$350-$400 / month,  rent: $1650 / month, and only have 3.5% of the mortgage paid off.I'm well above the 1% rule even WITH me living in the largest bedroom (should've took the smallest bedroom).  

I paid $90k for the house,mortgage: $646 / month, utilities: ~$350-$400 / month, rent: $1650 / month, and only have 3.5% of the mortgage paid off.I'm well above the 1% rule even WITH me living in the largest bedroom (should've took the smallest bedroom).

You need to ask 1) your broker 2) your local mls, as they have different rules regarding this.  

The number 1 rule in stock investing is to manage your risk and to use stop losses. 

If I run the same analysis, using a 30%-Rule, I might get EXTREMELY busy (and that is what I want).The 50%-Rule is a rule of thumb that says take 1/2 of rental income and allocate it to expenses. 

Does the same rules apply in Ohio