I bought it $135k and put $40k in so should be a nice brrr :) Rates are awful right now though so probably going to wait 3-6 months as its on an interest only currently and bank said fine holding note until I want to refi.

I am currently under a team at eXp Realty.

Purchase price: $240,000 Currently practicing co-living with 4 tenants for the past 10+ years and looking to scale to more properties this year (at least 1 property per year) What made you interested in investing in this type of deal?

I currently own two houses.

The purchase price is $410K.Should I go for 15%, 20% or 25% down payment, taking the current high interest rate situation into consideration?

Currently, I work as a Flight Test Engineer and have come to the realization that I need to do more to secure financial freedom for myself and future family. 

Its a Colorado-specific situation, I guess I should have been more specific:Portable tenant screening reports (PTSR) pursuant to HB23-1099 § 38-12-902(2.5).(2.5) "PORTABLE TENANT SCREENING REPORT" OR "SCREENINGREPORT" MEANS A CONSUMER REPORT PREPARED AT THE REQUEST ANDEXPENSE OF A PROSPECTIVE TENANT BY A CONSUMER REPORTING AGENCY,WHICH REPORT INCLUDES THE FOLLOWING INFORMATION ABOUT APROSPECTIVE TENANT AND THE DATE THROUGH WHICH THE INFORMATIONCONTAINED IN THE REPORT IS CURRENT:(a) NAME;(b) CONTACT INFORMATION;(c) VERIFICATION OF EMPLOYMENT AND INCOME;(d) LAST-KNOWN ADDRESS;(e) FOR EACH JURISDICTION INDICATED IN THE CONSUMER REPORT.....Link to the full Bill

It was bank owned and in terrible shape, we've owned it for 5 years and it's currently 85% occupied and making money.

Currently looking at 2-3 $50-60k sfr properties all being sold by different sellers. 

@Ryan RuncheyThe bookkeeping for this specific property will likely be difficult.This appears to be a househack as you purchased a personal residence but also have roommates to help with the rent.As a result, a portion of the expenses as they relate to the house are personal in nature and non-deductible.Items such as real estate taxes, mortgage interest, etc are all pro-rated.On-top of that you are doing the BRRRR which indicates that there is rehab involved.Portions of a rehab are currently deductible, capitalized or non-deductibleCurrently deductible - payment for an area of the home that is a tenant area.