How about realizing that when you use the current property taxes of a property you are buying to calculate your per door profit that the following year your taxes will reset to what YOU paid for the property and will likely significantly increase your tax expense - which can take you from a positive cash flow to a negative cash flow on a low cash flow property… now you are paying your tenants to live in the property every month out of your W2 income  hoping for an appreciation play until rents hopefully increase.I could go on and on.  

.- Analyze Properties Remotely: Use tools like BiggerPockets calculators to evaluate deals.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Look at the values of your 2 properties, consider any outstanding debt, calculate what your payment might look like on a cash out refi, compare that to current or potential rents.

For tax purposes, the profit is calculated as the sale price minus the cost basis (purchase price + renovations + transaction costs).

Start small, network with other investors, and use tools like BiggerPockets calculators to analyze deals effectively.

Key Market Movers and How to Track Rateshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-...How Do DSCR Lenders Calculate Your Interest Rate?

@Drew Sygit Yeah I am seeing that in my calculations, thanks for all the advice!

Bank Statements are only different in how the income is calculated and used to calculate DTI. 

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.