What are your ultimate goals in your future investment? 

If your opt-out percentage is too high then it may look suspicious to the carriers; ultimately, affecting your delivery rates.The goal is to keep you opt-out percentage low while maintaining compliance. 

Sorry to burst your bubble, Mike, ain't so.As it stands right now, depreciation is not optional.Now, if you never sell but instead do 1031 exchanges and ultimately leave your properties to your heirs - then you avoid the recapture.

It's ultimately up to them, take that risk off of your plate and pass it along if possible.Offer a solution to the owner for a larger deposit amount, this can vary depending upon the situation and risk evaluation, but typically you would say at least double the deposit amount, plus first and last months rent before moving in.

My ultimate goal is to own multiple rental properties and achieve financial freedom at a young age in the future.

Ultimately, it comes down to underwriting and the ability for the property, and you, to afford to pay the monthly expense of the loan. 

Local knowledge is the ultimate advantage.

This really comes down to what your ultimate goal is. 

My ultimate goal is to build a portfolio of cash-flowing properties to achieve financial freedom.I’m currently seeking mentors who can guide me through this journey and help me avoid common pitfalls.

I believe coaching does work, but I also believe that 90% of the coaches are better at marketing / self promotion than they are at doing deals.