I didn't take any depreciation, I did a bit of improvements to the rental half of my 2 family, and I need to change head of household status and dependants.

I've developed, use with all my coliving properties, and teach HPM (household-led property management).

My household income allows me to save $20k post tax dollars a year and ~40k pretax dollars per year for allocation to real estate rather than stocks/bonds & speculative instruments. 

I don’t have high risk peeps in my household.

If you have a net loss on your residential rental activity and actively participate in the rental management, then you can use up to $25K per year in net rental losses to offset your other ordinary income (that is income from your W2 job) provided your total household income is less than $150K per year.  

Cost of furnishings - luckily in our market the majority of properties come fully turnkey meaning, I write my contracts like so: Personal Property included with the sale, any furniture, décor, lamps, kitchen and household wares, linens, electronics, appliances, all patio and deck furniture, fire pits, hot tubs, rugs, currently located at the residence at no additional value.  

Let's say that a young couple that makes the median US household income follows the Dave Ramsey Plan and is able to pay off all of their debts in 18 months.

A: NC SAFE applies to “residential mortgage loans.†These are loans made or represented to be made to a natural person or persons primarily for personal, household or family purposes, and secured by a mortgage or other security interest on a dwelling or residential real estate located in North Carolina.

What I meant to say is, there is only 1 income in the household and nothing else to subsidize my leaving early.

Bienes, this was part of a thread you actually created.http://www.biggerpockets.com/forums/93/topics/39536-bad-or-unethical-wholesalers-Here is that post:"When it comes to investing in SFR, one way of looking at range of prices when evaluating a property (Or properties) is to look at the average household income in the targeted geographical area.