Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.

The only other option would be to get a coborrower to bring the down payment or get seller financing with a lower down payment. 

Not to mention staff, I’d check on the number required to stay up to ratio throughout the day, night ratio is likely lower than day ratio.

All of this equates to lower returns with turnover costs, being the primary one.  

If it was paid off or if rates would drop so I could refinance to a lower rate, then it may work.

But if you're comfortable with rougher areas, then you can definitely find properties at lower prices.

A single family could ultimately be a lower price point for you but depending on how much money you have available to spend on the purchase and any repairs/maintenance, either one could work.Have you found any SF or duplexes that catch your eye or know how much money you have to spend?

Basically, refund any and all down payments, interetest charges, processing fees, late fees, etc.2) I beleive Dodd-Frank only applies to owner-occupied properties. - Hence why all the DSR loans we've seen have a required document the borrower signs that states the lender will start foreclosure proceeedings if the borrower ever occupies the property.Please correct me if I'm wrong or clarify anything I missed.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

I'd recommend starting with the lower hanging fruit than a large basement reno - if your comps are close but don't quite get you to your number.Finishing the basement (with proper egress) could push you over the top, but confirm with an appraiser first to ensure it counts.