Hi Vadim,There is a conventional/FHA program called a '203k rehab loan' which allows you to purchase a property and wrap in ALL renovation costs INTO the mortgage, so in your example above, the total loan balance would be around $70,000. 

Since REP status is difficult for full-time doctors to achieve, this approach allows them to take advantage of the tax benefits (e.g., cost segregation studies and bonus depreciation) without qualifying as real estate professionals.

As long as the income covers the loan payments, you can continue adding properties to your portfolio, helping you achieve your real estate investment goals faster.3.

@Laura Ozols  Im considering the Hero loan only because I intend to pay off the balance in full before the 18 month promotional period expires.  

Glad this post of yours was restored Patricia, i like the topic, thanks for posting.My rates have always fluctuated too however it hasn't hurt my ranking with VRBO.Personally, i noticed for my listing, the ranking improved once i achieved greater than 50+ reviews and once my listing matured (listing age greater then 4 yrs).

My operations team is top-notch, and I would not have achieved this without them.

Balancing family life with your career as an outpatient internal medicine physician is no small feat, especially in the Bay Area's challenging market.

Why do you think it’s challenging to achieve success there?

These factors make the city a honeypot for investors looking to strike a balance between cash flow and appreciation potential, and positions Huntsville as a good option for either medium-term or long-term rentals.

I'd be happy to discuss this further and explore how we can help you achieve your real estate investment goals.Please feel free to reach out at your convenience.