You still need to qualify leads, and the carrier obstructions that come and go can derail your momentum.

That means you’ll only be able to immediately depreciate 40% of qualifying property components like appliances or land improvements through a cost segregation study.

However dependent upon taxable income you could get away with a pretty low tax bill due to favorable capital gains tax rates.Be sure to work with a qualified intermediary and a tax professional to ensure you comply with all 1031 exchange regulations and to be sure you keep basis correct as all a 1031 does is defer your gain.Happy to help run some numbers or do some basic analysis for you if you would like. 

If employer doesnt match, might as well do a standard ira if you qualify.

Figure out how to qualify for a Solo 401k then you avoid altogether UDFI/UBIT on leveraged real estate.

To answer you question on getting qualified, I recommend getting quotes from multiple lenders as they are all different in terms of what they can do for you.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Does anyone know if I qualify for this, if I don't have flood or wind coverage with the insurance company.If anyone else is in the same boat, feel free to connect.

The husband qualifed with his income alone, the wife did not make enough to qualify on her own.  1.

If your hesitation is resting on inability / delay in qualifying for your second.. 1) most importatnly, you need to start with one..and househacking with low down is the best way to start. 2) buy that first one with intent of leveraging it to buy the 2nd/3rd property, IE live-in flip or find a motivated seller offering a steep discount.