The DSCR loans seem much easier to qualify for, but perhaps there are other loan types out there that are less expensive and also aren't a root canal?

If you sell it for $800k, you have a capital gain of $75k ($800k - $725k).Capital gains taz is usually lower than ordinary income tax, but since you don’t qualify for the 2 out of 5-year exemption, you’re looking at paying full capital gains taxes.

As long as you have the knowledge, drive, and a great/qualified team to work with, you can find success in most places.

We have run a cost seg study on the property and qualify for 80% bonus depreciation.

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

Also, the structure is with interest only payments for 10 years... is that by design or is that needed to pass the minimum ratio to qualify for the loan? 

My section 8 tenant qualified for a mortgage 3 years later and bought the house from me.

Almost all of my tenants won’t ever be able to afford or qualify to buy a house.

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

The reason is that subcontractors can lien the property and title can be clouded.You also need to know IF you qualify for x dollar amount that you target.