Purchase price: $230,000 Cash invested: $200,000Two homes on half an acre.

Specifically what is the address or at least what block is it on? 

However, you should be able to pass through the income / expenses / appreciation to your personal taxes.I'd hop on a call with a mortgage broker that does conventional and DSCR products - they will be able to answer your questions better than anyone.

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

Good morning fellow investors, I am about to break ground on my first development project which entails adding 7 units on a lot that already has 2 units on it.

Wishing you the best on your investing journey!

Starting, you should focus on properties that need light renovations. 

However, my other properties will depreciate for tax purpose, therefore I have paper loss, but I still cashflow on those.

Your current cost basis should carry forward and continue on your REIT OP investment.

Really make sure to do your due diligence on this front on every property you look at