How long have you owned these, and how much is rent vs the payment?

So now I have 2 mortgages with only the first one showing a small amount of income as long as I don’t show a lot of expenses.

I have always dreamed of owning and operating multifamily rental properties ever since I was a little kid.My mom has been in realestate ever since I could remember, everything from being a realtor, fix and flips, buy and holds, and long term rentals.

I do not do a lot of volume, so it would take me a long time to get a good data set just based on those numbers. 

Cost segregation is best for long-term holds and should be carefully planned with a CPA to align with your broader tax strategy.This post does not create a CPA-Client relationship.

If you're younger then it might make a ton of sense to take down anything you can as long as it cash flows. 

Beyond immediate safety concerns, the long-term financial implications, including taxes, are a pressing issue for those impacted by the disaster.

The main dependency here is that the STR permit with city takes up to 3 months, and if it does take that long, then I would prefer to decorate and furnish the bnb how I would like to.

As long as you're not in a rush, we always recommend spending some time asking questions of DSCR lenders you might be looking at.

I have heard though that most lenders don't mind this as long as it is not changing the ultimate owners on the property - such as a partnership where one person sells to the other.