The 1245 property (think personal property and bonus depreciation) is recaptured at ordinary tax rates though… so the new property must have an equal amount or more 1245 property. 

I am trying to buy first property to house hack, live in for 1 year, and buy another.

I just turned 55 and have 33 rentals and 135 storage units.You may be better off buying as many properties as possible for the next 5-10 years, then paying them off, starting with the smallest mortgage and working up to your largest.

Going to use equity from home to purchase next property. 

I would like to own 4-6 properties in the next three years.

I own a property free and clear, that I want to rent out.

I purchased my first rental property and it needed a complete renovation.

Example if a house is forclosured on $350,000 but the value of the property  has a potential  of $800,000 to $900,000 depending on comps the the property would start the Auction sell not on what's delinquent but at 67% of value.

@Joshua TellesDepends on the interest rate you can get and the equity you have.If your rates on your existing properties are lower than today’s rates then it does not make sense to refinance for higher rate debt.

Ideally, we'd love to find a duplex or multi-family property with the potential to live in and rent out.