I trust my agent but I also would like to be able to verify what they told me was true especially when it cost me more money.

Is this true?

@Adam Eckhoff if it appears to be too good to be true - it usually is!

I started almost a year ago..its been a journey but no horror stories...yes drama but no horror...the person I was considering hiring to oversee the project decided to take the project on which was a dream come true...thx for your advice ..i did what you advised and then got lucky!

This is especially true for loans with low down payments, like FHA loans with a 3.5% down payment.- The realtor: like the seller, realtors do not typically need to know your house hacking plans.

This is considered a personal home - even though it has rental income, so you only have to have 3.5% down frequently, not the 20% down it takes to buy a true investment property.  

DESPITE ALL THE INFORMATION YOU'RE GETTING HERE...THE 1 TRUE CONSTANT IN REAL ESTATE IS THAT "IT'S ALL ABOUT THE NUMBERS".

Was that true for you? 

If both of those things are true, you can and should start depreciating it and deducting expenses related to it from that date.But then you did say "deduct depreciation against my personal w2 income". 

Yeah very true.