The practical way to look at depreciation is that without it your current tax bill will be higher, and with depreciation your current tax bill will be lower.

Here is a good thread on what risks to look out for in condo investing and how to analyze vet condo deals:https://www.biggerpockets.com/forums/91/topics/482...They were good for me starting out due to low price point and overall lower barrier to entry, but now shifting to SFRs because they offer the maximum control.

If you can do the job of some of the subcontractors for lower price, better quality and in less time, then do it.

Are private room rental prices not as competitive due to high supply and lower demand?

Are private room rental prices not as competitive due to high supply and lower demand?

Are private room rental prices not as competitive due to high supply and lower demand?

I closed on our best deal to date a little less than a year ago and it was brought to me off market by one of my agents, and one of my loan officers was able to get me 75% LTV on appraisal instead of the normal "lower of appraisal of purchase price".

The county has different rental districts or areas of the county (from my understanding) that have a set lower assessed value. 

In my opinion, I wouldn't do a syndicated deal because you are not going to learn the ins and outs of owning a 5+ units, you won't have control or say in the deal plus your returns will be lower.

FHA will allow you to put down less than 10%, 3.5% in fact, but if you'd like a bit lower monthly FHA MI and removal of lifetime FHA MI you can put down that 10% if you want (only slight benefits).The SS rule will require you to have around 5850 gross rents or higher to qualify this "rule."