Lexington is a weird market with low occupancy, 90-92%, and there aren't many assets in the market.

The appeal is pretty much just the low monthly payment.Are there any ways to bring low money down on assumable mortgage deals to avoid paying a lump sum of $100k+?

also what part of columbus ohio is considered good, low on crime, fast developing yet still affordable to buy a house? 

Another resource is the Property Tax Appeal Project, a free service by Street Democracy and the Coalition for Property Tax Justice, which supports Detroit homeowners, especially those with low-value properties, and can be reached at 313-438-8698 or via their online form.That said, be cautious—some companies might push for appeals that aren’t worth the cost if the assessment isn’t significantly off, and Detroit’s recent assessment accuracy has improved (though low-value homes can still be overassessed).

Here are a few ways we look at things:A fast way to estimate expenses (excluding the mortgage) is to assume 50% of gross rent will go to operating costs (maintenance, vacancies, insurance, etc.).

Add-Backs (Non-Cash Expenses)Depreciation (Line 13)Depletion (Line 12)Amortization (Reported elsewhere, often in Part V "Other Expenses")Business Use of Home Deduction (Line 30)One-Time Expenses (if documented as non-recurring) The "magic" you are mentioning IS adding back the depreciation upping your income. what @Michael Plaks is saying is 100% correct in that your INCOME to be used for the debt to income would be exactly the same in this case because if not paper loss is shown (the deprecation) then there is no loss to add back, so you get credit for the income.  

@Audrey SommerAgree with @Nicholas L.If I may, it’s not a 50% cash flow rule. it’s a 50% operating expense rule. 

With your considerable experience and, I'm assuming, strong credit score, you would be well-positioned to receive high leverage and low rates from most private lenders.

This works best when the seller is motivated and open to flexible terms.4.BRRRR Strategy (Buy, Rehab, Rent, Refinance, Repeat)– If you find the right undervalued property, you can finance the rehab with short-term funding and then refinance into a long-term loan, pulling most or all of your money back out.5.House Hacking– If you’re open to living in your investment, you can use an FHA loan (as low as 3.5% down)to buy a multi-unit, live in one unit, and rent out the others.

The chances that you currently live in a city meeting all these criteria are low.