I work with many investors here in the Cleveland market who regularly use bridge loans upfront, then cash out on a DSCR loan. 

You might want to listen to some of the BP podcasts on some of the other ways that real estate "pays" you, outside of cashflow.Keith Weinhold from Get Rich Education also has a good podcast and regularly discusses the 5 different ways that real estate pays you. 

My understanding is that you will not get the tax credit and could only write it off and a regular capital expense.

They’re asking that I designate a project manager who would be able to visit the site regularly, but is not the GC.

For better visibility on Facebook, fine-tune your profile, post regularly with great visuals, and use targeted ads.

In my city there isn't a single listing for under a million and people overbid and pay in cash on a regular basis.

So, if I am receiving regular rental income, payroll deposit, and such that can be sourced, it can be immediately used and does not require the 60 day period, correct?

. • Regular monitoring of approved leases to ensure proper actions are taken at the leasing expiration and renewal dates. • Preparation of quarterly reports for the Board of Directors outlining the current status of the leasing program. • Coordination with the Association attorney as needed for enforcement of the leasing provisions. • Assessment and collection of costs for this program from the leased units by the authority of the Community Covenants, Conditions, and Restrictions (CCRs), $150/year.

That way you still make a regular income but don't have to be a landlord.

As for our local rentals in Illinois, we still use the old-school regular key for each unit too.Thank you everyone for your suggestions.