That is what we thought, but are being told we have to pay SS and medicare on this now even though it is "deferred." 

We will also stick by you throughout your real estate investing journey, even after closing.

The intricacies tax planning with a rental are worth hiring a professional, even if you just do it once for an overview. 

Dennis' dad and I actually tripped over something similar back in Chandler.. we learned to tap into city planning websites and even call the permit offices directly to get a real sense of their backlogs.

Once I plug in all those numbers, I'm pretty close to breaking even.

Unfortunately I am told most admitted insurance carriers are out of the business for insuring apt complexes in the state of CA (this was even before the LA wildfires this month.

Sometimes the programs that allow vacancy has the same or even better rates.

A lot of times CPAs are so bogged down with compliance work that they can't even think about doing advisory.

Even the funding alone is easier since you now have a cash flowing property that can help you fund your seed money faster. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).