Of course, the first draw you will have to pay without an inspection, but in place of inspection - you need to see a project plan with timetables(COMPLETION DATE) - if that isn't already in the contract.  

You should do the inspection on your time table.

That is the framework for your numbers.Select your exit timetable and ask the following questions: How badly will you be drained each month?

Or at the very least, not realistic on the timetable.  

My own primary house is about 20% of my take home, so I have room.Also was thinking of asking the seller to finance the difference I need for the DP but also throw in a percentage of the cash flow for 2 years with a 2 year timetable to pay back the seller financed loan as well.

I cant cash out refi this on my timetable because Im considered a renter not owner right now.

Your time table is tough as I am not sure this pressure on demand is going to last until July.

Let them know that you have to raise your rent to $XXXX to stay competitive and you plan to do so within the next 6 months or so (whatever your timetable is), and have an honest conversation about whether they want to stay or find something affordable.

Same for all properties, however, as Zachary explained, some items are on a different time table and a cost segregation can also be used to speed up depreciation.

Would pay more to keep it on a 15 year amortization timetable.