Make sure to conduct thorough financial analysis and consider factors such as property appreciation, rental demand, and market conditions.

You're just stacking risk factors in a tougher, blocking and tackling market. 

So, while taking into consideration the age and condition of the damaged item at move in and the time the tenant was renting for is a factor, I personally don't think using a strict IRA depreciation schedule makes sense.

National economic trends, local economy, neighborhood situation, home condition, desirability as a rental, demand factors as a purchase, and too many other factors to mention. 

Is there money in building and selling individual properties as GC if you factor in holding cost, etc?

Look at factors like:Historical appreciation ratesRental demandLocal economic indicatorsUpcoming development projectsFinancing:Your plan to use DSCR loans with 25% down is a solid approach for investment properties.

Weigh these factors carefully, and consider consulting with a real estate attorney or accountant to ensure it’s the right move for your situation.

Usually if the owned properties are held in an LLC they do not need to be factored into the qualifying ratios or required reserves. - The majority of commercial loans are closed in an LLC.

Your gain is sales price less sales expenses less adjusted basis.Your adjusted basis is purchase price plus improvements less depreciation.Also factor in any passive loss carryforwards when calculating your gain.Your CPA should be able to discuss with you what tax implications would be upon sale.

Denying an application based on reference to such factors specific to the individual applicant shall not constitute a violation of this Section."