This could potentially drive up the price on the subject property. 

My primary residence is debt free as is my rental property-- the thought is the rental will supplement the retirement income and I'm not chasing ROI/ COCr / vacancies / etc.Thanks for the welcome! 

Hello, I’m reaching apps to use to manage an investment property.

--> Then after 5 years of one property, sell it... either to the renter or on the market, --> Then, do TWO more properties, and add another $5K to SWAN account to pay for expenses related to the two properties acquired. 

My wife an i are just closing on a property in Truckee, we intend to move into the property in ~2 years.

Whether it's about deals, property management, or anything in between, I'm all in for a good conversation!

One option is I can cash out refi one property that has $400k in equity. 

The #1 way real estate investors defer taxes to later dates is with a system called depreciation and bonus depreciation.Depreciation is the act of slowly, over time, deducting the initial expense of an asset against your taxable income.Generally over a 27.5 (residential) or 39 (commercial) yr time frame.So each year you can write off a few percent of the purchase price against your income. 

If you rehab a house in one of the neighborhoods you're considering will it be surrounded by other abandoned distressed properties or are these abandoned properties located in decent neighborhoods that people will want to live? 

They take possession of the property in foreclosure.