Also, if you buy using a hard money lender or cash, Zach Starnes can do re-fi's off the appraised value shorter than the typical 6mos and then you might not need any money down if you buy at the right price.

Another idea that we have been exploring is using the cash value of whole life insurance funds for emergencies. 

CoStar) to understand the rental market (rent amounts, absorbtion rate, etc..) but that service is fairly expensive. 

You can simply request a separate check for the $100 increase to bring the total deposit in line with the new rent amount.

Buyer rents it to a dead beat, pockets the cash, doesn't pay the mortgage and boom the foreclosure goes on your name.

In your case, changing the property from a rental to your primary residence constitutes a change in use.The depreciation recapture will be calculated based on the fair market value of the building at the time of conversion, not including the land value.Since you're tearing down the existing structure, the entire amount of depreciation taken over the past two years will likely be recaptured, as the building's value at conversion will effectively be zero.The recaptured amount will be taxed as ordinary income, up to a maximum rate of 25% for residential rental property (Section 1250 property).

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.

Connecting with them directly will help you get a better sense of voucher amounts, inspection standards, and timelines.

My jaw dropped open at that amount for only 4 properties.

Let's start with your assumption of $1550 per month in cash flow or $18600 in annual cash flow.1) Rent assumption is $5860, which is $1465 per month.