Drama..... we pull off the property return it to existing conditions and the city allows me to install the cleanout on their property in the sidewalk area. 

When a property has rats and mice, it is almost always due to an opening allowing them to come in from the outside.  

Sometimes lenders will allow their portfolio loans to be assumed as well, but usually not if they can get a better rate with a new loan.

So purchasing larger and larger properties allows investors like Benjamin to purchase more depreciable basis while continuing to defer and recapture.  

Here’s why and what alternatives might exist:Real Estate Syndication or Fund: Invest in funds that generate passive rental income, which can offset Schedule E losses.Real Estate Professional (REPS): Qualify for REPS to reclassify rental losses as non-passive, allowing them to offset active income.This post does not create a CPA-Client relationship.

Sometimes too portfolios allow you to include lower valued properties that might not be eligible for regular DSCR lending. 

That might allow you to find financing. 

You can do delayed financing where you get only the money you used to purchase (and some lenders allow closing costs) as part of a DSCR loan refinance after closing with no wait.

For me, I'd rather have fewer doors owned outright that allow me to achieve my personal financial goals than having a large number of doors fully leveraged with less cash flow per door.

BP's rules won't allow roofers and contractors to reach out to you in this section of the forums.