So, you would only be able to take about four months of depreciation for this year.However, the bonus depreciation is not prorated.

Without substantial renovation or repair / forced equity, I doubt that since almost 12 months ago you have enough to do a DSCR cash out refi.

So many LOs were preaching mortgage rate cuts, this time around, and now I am seeing rates still the same, if not even slightly higher than what they were a few months ago. 

I would look for a bunch of Sub To Deals with 2-3% interest rates ...... then rent out for cash flow and huge equity build up when rates are really low (check out amortization schedules and compare 2-3% vs 6-7% with the same balance and length of time - check out the principal portion each month - the lower the rate the higher amount goes to principal PLUS better cash flow).

Yep texas puts a six month hold. 

They'll charge $500-$1k (at least in my area) to come out, evaluate the home, and give you a plan.

X a month sounds a lot better and is actually doable for a lot of people vs a big pile of cash today if you need a full cash sale. 

If you have a tenant that doesn't pay and you have to evict, you might lose 3 to 5 months of rent payments plus have make ready costs of 5k to 6k depending on what they do.   

If they’re month to month you don’t need to evict, just don’t renew their lease. 

Can I apply for both banks in the same month?