By the way, I was already on their wait list before I posted this, so, I don't think it I can get you the referral bonus!

I'm considering either splitting a 3 bedroom home or 2 bedroom with den or bonus room.

If you're going to be spending a lot... you might look into doing multiple cards to hit the required spend for the bonus, again ONLY if the "rewards" fit your lifestyle. 

We are trying to get everything done this year so that we can still qualify for the 80% bonus depreciation before it drops down to 60% in 2024.

I view appreciation just like my annual bonus...a bonus.  

I am now an employee with RedFin as a realtor who makes a salary, bonus pay, and benefits.

Then that equity will be there to use if you need it for another project.A refi at these higher rates would be for a long time.Also make sure you advertise the school nearby not for the bonus but to make sure that no one who can't be close to a school accidentally rents your house.

Borrower has a favorable first mortgage, 2% interest and a deferred balance due to a previous loan modification. ( this is just a bonus as the loan is AMAZING ) - Property is worth Est. 440k as-is. and with a rehab of est. 50k could resell for est. 550k.

A low interest rate would be a bonus.

You could see 80% bonus depreciation if you get it done this year.