After 18 months I still didn't have a building permit and decided to cut ties with the builder and forfeit my deposit. 

But maybe I have to cut my losses.  

Simply can't.Everyone thinks that a circumstance (like being in foreclosure, tx liens, or .. ahum... distressed property) implies motivation.

It flooded out the bottom floor to the point of needing flood cuts. 

When you’re ready for the next one simply use another conventional to either refi and get the FHA back or leave the FHA in place and do another conventional on the next property.

So, for example if a tenant was giving you a specific type of issue that was not clearly covered in the rental agreement you simply add it with 30 days notice and then evict for breaching the agreement.

The would mean you are now spending $400/mo on your housing cutting your monthly expenses by $600 or adding $600 to your income each month not to mention tax benefits and appreciation.I think once you have a house hack, you look into buying a value-add property and BRRRRing it.

So the pro tip is answer the phone even if you cant talk you simply say Hey I cant talk but wanted to acknowledge your call can I call you back IN ?

That doesn't cut it for me.

If you wait to place it in service until 2025 (or it simply is not ready until 2025) and you do meet material participation for 2025 - you can use bonus depreciation in 2025 but at 40% instead of 60%.