I reviewed this with my cpa on an asset and was told basically when we do sell it and say we took $100k depreciation we would pay taxes on that money we took as depreciation.

It will familiarize you with the basic terminology and benefits.

If you live in the property it's basically a house hack.

You may have mastered all the techniques, both basic and advanced, but if you aren't sure how a new market might differ from where you know, arbitrage offers a way to learn without a long-term, expensive commitment.

On a 90 day rental even 1/2 month takes a huge percentage of gross income, so basically you need to eliminate use of brokers, MLS, etc.  

If you just want to throw out a general amount for safety, I would say 15k, but there is a lot of good advice above on how to judge it.

That means the NOI has to be higher to have a DCR of 1.25 or better – its just basic math.

Investing is so neighborhood specific that a general mentor would only provide basic information that is free on any podcast or social media. 

The thought of making that a 25 year commitment instead gave me a slight feeling of safety so right away I started paying an extra $100 in principle to my mortgage every month. 

It satisfies the basic requires though: We used a long-term lease for our state provided through Avail.co and then we amended it to specifically allow for sub-letting (easy to do with the software/website).