Yeah, I get it, I don't get the write offs, but it has made sense so far.Now, I need the tax benefits of real estate investment. 

- Flipping offers quick profits but involves higher taxes and market risk.- Holding generates ongoing cash flow, equity growth, and tax advantages from depreciation.No right or wrong, each approach aligns with different goals, budgets, and risk tolerances.

You can typically count 75% of the previous rental income (from the units you will not live in) toward your qualifying income.

We'd even be happy to move them into one of our (future) properties and just let them keep all/most of their rent income as free cashflow. 

The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?

It seems the profit would cover taxes, and you would have more capital to do other stuff. 

I have a property I'm considering seller financing with a wrap mortgage to a buyer, I'm currently refinancing the home and have the option to not escrow the taxes and insurance, which lowers the payment about 700/ month on the 1st position mortgage, BUT would escrow the T&I on the wrap mortgage. has anyone structured it that way what would be the pros and cons to structuring it this way? 

I’d suggest focusing on securing solid DSCR loans—like those from thelender.com, which lends up to 80% LTV, considers STR income, and operates as a direct lender.

It ultimately boils down to what you can tolerate in the short and long term if you choose to hold onto the property.However, if you do end up selling the property, a 1031 exchange will allow you to defer all of the tax from any gain and the recapture of depreciation on the property. 6 years of depreciation will not be huge.

I  Income:  The amount of property you can buy will be dependent on your Debt to Income ratio.