Are you using a realtor and do they have recommended contractors?

I have a STR which I renovated using a HELOC on my primary home.  

So, while taking into consideration the age and condition of the damaged item at move in and the time the tenant was renting for is a factor, I personally don't think using a strict IRA depreciation schedule makes sense.

Location: Springfield Ohio Builders risk, I'd highly suggest using a broker to find the best carrier for your particular situation. 

Keep in mind that if you buy a rental property in your name using a conventional mortgage it will directly affect your debt to income (DTI).

I'm using a board to track a light reno on a new property and it's working well for me.

I purchased a fourplex using a HELOC on my primary residence so technically we bought the fourplex "cash" with no mortgage.   

I believe we are going to go with the cash-out refi though he also suggested using a construction loan which would have delayed principal payment period if we thought the rehab process would take a long time.

(How much do you save by not using a realtor?)

Lending tax-free or tax-deferred using a self-directed retirement plan is a great way to get into the business.