Would it be possible to buy the house as a primary and then in year two claim bonus depreciation if I moved out and had it as a rent by room house?

If you could provide more information about the contract it may open up more ideas.I would agree with @Zane Cress that a tenant buy-out would be a good option, although if you are dealing with 5-6 properties (And how ever many units per property) you're looking at an extremely high cost.

This means I am constantly researching different sub-markets in the D.C. area to try and find the best locations for future growth as our fund looks to buy and hold our investments as do many of my clients. 

Nick, are you referring to a HELOC on your primary home then using it to buy an investment property?

When you are buying deals, always focus on our exit strategy.

Hey @Yoel Peyamipour - I'm a broker and investor in NYC and come across deals in the Bronx often, but don't have anyone buying there actively. 

After you find the list, are investors directly contacting the owners to cut a deal and buy the home before the tax sale?

With 15% in my market you are looking at you could probably buy two properties off the bat and they should cashflow you conservatively 2k a month, could be up to 3k.

However, the BRRRR strategy (buy, rehab, rent, refinance, repeat) makes sense for a lot of investors, as value can be created through forced appreciation (renovations) and capital recycled through cash-out refinances.

Investment Info:Single-family residence buy & hold investment.