You'll be able to accelerate your investment growth in a particular area if you hyper focus on it.

Due to a cost seg on a storage facility last year, showing a loss on paper (six-fig accelerated depreciation), I don't qualify for Fannie/Freddie, but qualify for any other type of mortgage (stable/solid income, credit, employment, cash-flow, etc.).

Due to a cost seg on a storage facility last year, showing a loss on paper (six-fig accelerated depreciation), I don't qualify for Fannie/Freddie, but qualify for any other type of mortgage (stable/solid income, credit, employment, cash-flow, etc.).

If $7k makes all the difference in accelerating you to acquire another property in your market within the next 12 months or less, you’re still cash flowing at the higher interest rate, and the property is in a steady appreciating market, then I’d choose option 1 

This is often known as accelerated depreciationI recommend you hire a CPA that understand real estate.  

If it's truly valued at $400k, you could pull out up to $300k with no tax implications whatsoever (you'd be taking on debt, not incurring a capital gain).With regards to depreciation, engage a great CPA who understand and specializes in real estate investing, and ask them if it's possible to use a cost segregation study to take accelerated depreciation.

I see lots of investors taking advantage of accelerated and bonus depreciation to offset or significantly reduce their tax exposure on their sales.Happy to elaborate.Happy hunting!

Instead, the improvements and inventory was assessed in-house and depreciated in an accelerated fashion.

So, if you are still accelerating toward the ‘first turn’, then a STR might be the play.

You can probably make a lot more cash than arbitrage and accelerate your real estate investing career.