We are interested in a property next door to our current flip, but our funds are tied up in the current house.

Hi @Lake Bradford, there are some properties that are still available for rental and you can limit your search to those or you can consider buying and once you decide if you want to move elsewhere, sell the condo and take the equity/appreciation and invest in a home elsewhere. 

If your adjusted gross income (AGI) exceeds $150K and you are not classified as a real estate professional, passive losses from rental properties cannot be used to offset your earned income.

I did post a seperate one but we are also currently looking into getting an All in One loan for a second home/investment property in Texas.

What they showed is that the small changes to the property over time did not have anything to do with the second unit the home had and it was always constructed and used as a 2 family.

We currently own one rental property that’s fully paid off and are actively seeking new investment opportunities.

On the other hand, it could also mean there are lots of other desirable houses hitting the market, making older properties less desirable and/or lowering demand. 

@Stephanie Olejownik I bought 5 of these properties this year.

We are planning to finance with a second mortgage and will use the property on occasion but would also like to generate an income and/or offset the mortgage.

Have you done a cost segregation study on any of your properties?