Can I still depreciate it until the buyer makes the final mortgage payment?

These homes have an annual COC return of 70% off of the down payment.

Calculate the expected cash flow after accounting for mortgage payments, property taxes, insurance, maintenance, vacancies, property management, and other expenses.

Listed Rent would be between 3500-4200 per month depending on a local property management company strategy.We have assessed our budget and goals while in Europe and would not want to maintain a mortgage in USA (vacant) AND a rental payment in EU.further details: we are 3 years into the loan at 2.625% int, primary and only residence owned, house will need 2 new AC in next 2 years, water heater, and driveway repairs, would only rent with a property management company as we will NOT want to manage from abroad. 

So if you are planning on keeping it, my understanding is that you would only need to live there for 12 months in order to qualify for low down payment loan options if you wanted to purchase another owner occupied property.

Unfortunately my credit took a huge hit because I co-signed for someone’s vehicle and got burned with them missing 8 payments.

This will affect how much you will need for down payment.

You personally can’t pay loan payments, all payments must come out of an IRA.

But don’t wait until they’ve already found other deals and made other plans. good idea - and agreed; our most important goal is to get rid of the monthly payment!

I'm using down payment assistance, 3000 is what I estimate will be out of pocket after