The same thing you claim on your tax return for your properties.

My monthly payments (mortgage, insurance, taxes) are roughly $3,600, leaving me netting about $4,600/month.I have four years left until military retirement, after which I’ll have a pension, some disability income, and rental income from this property.

You can use it as a downpayment on a property over $450k and use leverage tax free.

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

However, I’d like to have a space of my own before living with others again (I plan to house hack again with my next property).I’m seeking advice on how to move forward, as I need to consider things like utilities, taxes, landlord/umbrella insurance, and managing the property, especially with someone renting my garage.Specifically, I’m curious about renting out individual rooms and living on my own for a little while.

That had even a passing resemblance to tax returns or financial statements4.

This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.

There will be no assessment for increase in taxes or insurance so remains at $1935.

Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH? 

It was bought in 2004 and due to financial issues, I believe ~$197k is still owed on the mortgage.