As an investor-focused agent in the Cleveland market I always have my clients write the following contingencies in when buying a house that's tenant occupied:1) Offer contingent on home inspection- usually a 7-10 day contingency period, this contingency allows you to either A) move forward with the deal B) renegotiate the price if issues are found, or C) walk away from the deal2) Offer contingent on appraisal if you're going financing3) Seller to provide copy of current lease agreement4) Seller to provide a rent roll/tenant ledger with proof of payments received5) Seller to provide copies of 3 previous months of any utilities paid by the landlord6) Seller and tenants to fill out Estoppel Certificate.

The year it is placed in service, is the year you can utilize the cost seg.

Here is an example of what I utilize for onboarding value add multifamily.

Utility bills and maintenance records will give insight into operational costs.

Most real estate property syndicates utilize 50% or more leverage.  

But will just depend on what you are trying to establish.

From there, you can utilize that team to gain experience and understanding into the market.  

Hey everyone currently active duty military I would love utilize my va loan for investment  purposes don’t know where to start  in GA btw 

Of course establishing what the assessed value was 20 years ago is less obvious.

Keeping this as a rental would not cover the mortgage (we'd have to pay ~1500 a month including utilities) and we can afford the extra payment, but is it worth it when looking at appreciation?