I am personally very bullish on the Phoenix market.  

However, you can get loans that are based on the performance of the rental and not your personal income and debt.

Personal Property coverage- furniture, lawnmowers, signage, etc. 

Try to make your messages more personalized to avoid getting blocked again.You can email [email protected] with any  help you  need, too. 

The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.

I would not borrow from ANY lender I learned of over the internet unless I knwe personally people who had used them. 

Now, if you haven't yet, now is the time for you to go see the situation in person.  

I had hoped to set this up with PNC since I bank with them but an in-person visit to the branch is required for set up and this is not possible since I now live in Washington state.

This is so I know if I should keep the person I currently have.

I have found ChatGPT to be particularly useful for testing new Book Covers for BiggerPockets, such as our foray into the personal fitness category with upcoming title "Sweat for Life":