I had this exact conversation with a borrower just a few hours ago, and it surprised us both.

With this being your first purchase, you may want to consider a property that's not being sold at auction. 

The problem with all calculators and spreadsheets is that it should never be used as a calculator.

Is this a loophole; use depreciation to offset UBIT but when selling there is no tax on the gain because it is an IRA?

Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).

Those kids aren't allowed to leave the 1604 loop during their temporary "leave".2) Downtown can be MEGA, but zip codes are WAY too big to use. 

I understand that they operate in real estate under one of a few exemptions from registering as a security with the SEC.

@Christin Dorfling can you start with a house hack?

I do have two really good mentors / coaches I work with that would be able to provide more input but they do charge for their time.

Roku TV's for ease of use.