@Jordan Schoonover I grew up on Grays Harbor (Aberdeen/Elma).

In between is the gray area and the shades of gray are determined by the woman or man with the money.

This may allow a conventional mortgage (but this is getting into a gray area).Another option, you may consider if you can find a portfolio lender willing to work with you or private money would be to split the purchase so that one has extra equity and immediately refinance and purchase the second one using equity from the first.Not sure if these will work but I hope this helps.

@Hunter Thompson most lenders look at all the partners on the deal that are willing to sign on the promissory note or guarantee the loan.  

Before anyone screams at me, you don't HAVE to do any of this if you just want to be in a gray area where maybe you can get a mortgage, maybe you can't, who is to say.

Quote from @Brennen Thompson: Hi! 

Looking at the pictures of the posters so far, albeit some are blank, there is a bridge, a room and a cat, there is not a lot of GRAY HAIR.

Having said that, one of the things I've seen is that some people believe that wholesaling could be kind of a gray area or some what type of illegal activity so I was wondering if anybody can weigh in on that as well.

One scenario I could see being in the gray area is if the house was broken in to causing the window damage……the lease you have would really determine the outcome of who pays for it to be fixed…although it doesn’t sound like this is the case. 

@Zachary Gray Tenant Improvements, can and should be depreciated, especially when they are large, and cost segregation is certainly needed if you have structural and non-structural components.