I got about $4200 back on my taxes last year because of depreciation, and it felt great! 

We have used work bonus payments, tax returns, and inheritances to get down-payments.

If it is possible, is there anything else I should consider before talking to lenders (namely, any tax implications). 

@Kevin Drouillard- Have you tried consulting a public adjuster? 

Please continue to consult your attorney in your state.   

I plan on requesting the following quarter report if I offer.Average Monthly Expenses per triplex (maintenance/insurance/repairs/utilities/property taxes/vacancy):$730.50Estimated mortgage: $1,132I plan of offering $200,000 - $205,000 due to two of the rooms not being renovated, roof needing work, and after being posted for going on 3+ months.

She knows about tax lien stuff.

@Yasmin Sharbaf if it’s not new construction, your agent would usually have shown you current tax records including what they list as square footage, especially if that was a known concern of yours.

I am working as a consultant part-time so I have the ability to set aside time each day for research, meetings, etc.I don't necessarily need a lot of cash flow on the front end but would like to "get the ball rolling" to start building equity.Any advice on how to get started is greatly appreciated, thanks!

If I pulled to put on a rental property for around 200k then after property tax, property management, mortgage, insurance I’d probably be cash flowing much less than my 5.5% at the moment.