At the same time, someone else reduces your debt, and you get to use the tax code to improve your tax situation legally.  

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

Couple other things to consider, property / school taxes are high, and tenants have lots of rights.

Zoho Books, I am not using this as my partner uses it integrates nicely with CRM for book keeping and I could provide access to our CPA for Taxes. 

Low barrier to entry, low taxes, landlord friendly, and areas that appreciate + cash flow. 

However, there's a loss on the 2023 Tax Returns, and Net Income is $45,000 in 2022 (Client has lots of writeoffs) What loans could I use that only consider:- Bank Statements - 1099s - Credit Score Please contact me with options.

Getting a DSCR of 1 in some of the higher tax counties of Georgia is tight, but we've been able to get through them.

They are mocking these up with interest only loans and factoring back in the tax deduction as if you qualified for the tax benefits of a real estate professional and factoring in the diminished first year property tax (since its not a full year).

They can sell tax free.

Texas is very landlord-friendly and also does not have income taxes.