I’m in search of a comprehensive guide that covers the fundamental aspects of real estate investing, such as key principles for successful investments, effective lending strategies, thorough deal analysis techniques, understanding syndications, and property management best practices.

Our VSO said they are still processing claims so I'd imagine eligibility confirmation would be much easier. 

Since you bought the property in December 2024, your components fall under the old schedule, meaning 40% bonus depreciation applies in 2025.You’re right that building structure doesn’t qualify, but items from a cost segregation study (like appliances, flooring, furniture, and landscaping) still do, just at the 40% rate.So even though your placed-in-service date is May 2025, the purchase date controls eligibility for 100%.

Justin, for clarity when you say you want to take advantage of the 100% bonus tax depreciation that Section 179 allows you to expense the full purchase price of eligable business property (farm equiptment for example), however "real property" like a single family or duplex does not qualify for the full expensing or depreciation.

I’m flexible on price per door depending on location and condition, though I’m primarily targeting strong cash flow and a 14–16% IRR range over a 5–10 year hold.I’m open to markets like Wylie if the fundamentals support stable long-term growth. 

I recently began learning about real estate investing and plan to start with a small multifamily property, ideally a duplex or triplex, through an FHA or other low down payment program.I am currently reading some of Brandon Turner’s books to understand the fundamentals of house hacking, deal analysis, and property management.

You can see the locations map here, you'd have to look pretty far outside Indy in most cases.https://eligibility.sc.egov.usda.gov/eligibility/welcomeActi...True, that's where NACA's program could be appealing.

If one spouse qualifies for reps and materially participates in the rental activity, then all the rental activity should be eligible to write off any losses against active income to better help, can you describe how your mom is a real estate professional?

If the property qualifies as a separate activity, you may be eligible to claim bonus depreciation through a cost segregation study, which can provide substantial upfront deductions — particularly beneficial if you are in a higher tax bracket.However, if your income level is lower, the cost of the study may outweigh the benefit.

Hi @Malachi Gutt, focus first on the fundamentals: NOI (Net Operating Income), Cap Rate, Cash-on-Cash Return, and DSCR  these drive property value and lender decisions.