Another thing to note, certain renovation costs can be eligible for Qualified Improvement Property (QIP).

It all sounds good in theory but I’m either not understanding the fundamentals or I’m not familiar with my “refinancing out” options.  

(Maybe a little exaggeration).A few years earlier in 2012 I had filed for bankruptcy and was just now eligible to buy a house.

Make sure you check out Clarksville, TN as well - we've got a great balance of cash flow and appreciation and are in a fundamentally strong and growing market. 

several recent rulings on sec 1250 and 1245 have clarified that cost segregated depreciation of non-1250 property and accelerated depreciation taken thanks to the JCTA of 2017 are also able to be fundamentally carried forward in a 1031 exchange. 

The "backdoor Roth" strategy allows someone who earns too much income to be eligible to make a direct Roth contribution, to make a non-deductible contribution to a traditional IRA, limited by the annual contribution limits ($5500 for 2013), and then do a Roth conversion by rolling the contribution over from the traditional IRA to a Roth IRA.

If you're not one, then you're not eligible apparently.There are other down payment assistance loans available however for folks not first timers.

Feel free to DM and we can see if you’d be a good fit the market I work and if not, at least I can give you a few pointers as far as STR fundamentals and a couple resources for cost segregation.

So, I believe some of the fundamentals of larger multifamily (increasing NOI via increasing revenues or decreasing expenses) are beneficial to smaller multifamily although the ultimate value is not determine by NOI, but by comps. 

Just to clarify, I won’t be eligible for my VA Home Loan until I am 23 (3 years more).