Those buying to mitigate year end taxes for the 80% bonus depreciation.3.

Thats fine as long as your Debt to Income (DTI) supports it.

The last thing you want to do is to buy a sub-optimal asset or location where your initial equity down payment evaporates and goes away. 

I intended to write the lease to hold both financially responsible regardless of occupancy (effectively making her a co-signer), but I’m worried that I’ll end up evicting him if she ever does move. 

This is the simple playbook that tons of Americans have used to build wealth over the last 2 decades:1.

Remember, it is not Bigger Pocket's job to vett all of the claims on Bigger Pockets.

You would just approach any lender and ask to refinance.

Hey Dale,So the best way to find some GAP funding is to look for private investors either in your area or that you know that would help.

It had some value add components to it so there was plenty of meat on the bone.

With C class rentals you'll need to run a much higher expense ratio.