Make sure this is done in writing and done properly, so there is no legal missteps that allow them to stay.  

Because of how my Schedule E is with all of the write offs, it throws off what I can qualify for.One thought I had was start purchasing under an LLC and have the LLC take out the loan.

I would look at both and write offers in both markets till you find a deal that works. 

Dan thank you for writing all that information out, that is a lot of stuff to consider.

I've been writing full-time for an online publication since 2022 and building my faculty book instead.

You can simply write the property address on it then take a photo and upload to your Quickbooks account.

I tried to do a conventional 30yr fixed mortgage but was turned down by my normal lender due to the tax write offs over the last year with my other properties.

Just have to write more offers and buy uglier properties:)Flips are done at even higher price points, but again, have to be very careful to understand the Neighborhood, where it's heading and then the block.We've applied Class A, B, C & D labels to all of Detroit's 183 Neighborhoods - to help investors make wiser choices.

Individual producers (say top 30% producers) will write +$40M in one year.This is not to say they are bad, but I'm not sure how you can conduct due diligence without seeing social proof.

The reason I am writing you is because I had the same question of whether there was a "catch" when I first "discovered" Albany's favorable cap rates and relatively low prices as compared to NYC (I live in Brooklyn and grew up in Jamaica, Queens).