What this stems from is that the IRS requires that a taxpayer trace interest expense to the nature of how the proceeds are used. 

So either you pay for the repair out of the idle cash in your account, file an insurance claim and use those funds, or rollover/transfer funds from another retirement account to cover the cost. 

What's peoples thoughts opinions on this real estate market over here?

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEYou cash out $100,000 of your equity and use this as a down payment on a $400,000 investment property.

A line of credit won’t commit you to a monthly payment unless you use the money, so you can avoid paying interest when it’s not in use.

From what I read (last week when someone else asked a similar question), only foreigners who are permanent residences or some of those here on work visas are allowed to buy a home. 

Make sure to communicate your BRRRR strategy with your insurance agent so they can recommend the right coverage for each phase.I learned this lesson the hard way: https://www.biggerpockets.com/forums/853/topics/1222933-my-b...

@Raghu GotHave you read any of the comments in this chain?

Start with BiggerPockets Ultimate Beginners Guide (free).

Quote from @Philip Beckwith: Does anybody have any tips on how to successfully appeal property taxes?