Getting over 5% return when using their banking partner so working to transition all my properties over for rent collection.  

With a multi-family property, it is very unlikely that all of your units become vacant or non-paying at the same time.

Given you're in Texas and don't have a state tax return, it really opens you up to work with providers nationwide. 

Assume an FHA loan to non-occupy and use for rental real estate.... 

Fourth: even if the entire deduction is available, it results in much smaller automobile deductions in future years and extra taxable income when you sell the vehicle or trade it in.

Looking ahead, once you secure a tenant, perhaps this is something that should be explored to make the next lease up easier.Also, @Caria Mitchell raised an interesting point in saying: We are experiencing a shortage of qualified applicants, I’ve noticed non-conventional applicants vs qualified applicants that don’t have a voucher or some form of subsidy. 

You have your selling price, minus all selling costs, minus your purchase price, that’s your taxable gain.

(If there is a PM, who will manage the PM and the oversight).Who will take care of the partnership return or forward the tax information if its a tenants in common property.Best of luck

Every market in residential zoning has an expiration date, we just don't know what it is yet.The obvious solution is to buy in already regulated areas with tourist/commercial zoning.The returns are lower, but at least they can't go to zero overnight.

$400k equity is producing $1600/month cash flow for a return from the cash flow of 4.8%.