Calculating the depreciation base, typically guided by a CPA, is the primary complexity.Except figuring out the depreciation base to use (what amount from the total acquisition cost goes for land and can’t be depreciated, and how much goes for the building/improvements to be used in the segregation and depreciation calculations, and even that should be an easy answer to figure out or get from your CPA), the rest is simple stuff your CPA will not know anyway (thus him sending you the “survey”) like, the sqft of the house, the length of the fence and if wood/iron/brick, how many ceiling fans in the house, how many cars garage, if carpet or tile in what room, etc.

It is honestly the playbook for the realities of real estate investing vs. what most expect based on what they read or are taught.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Could it work as a rental in those areas sure probably could if the numbers worked out, but your tenant base is not going to be the same as say Spanos area ,Stonewood ,Caldwell some areas around Lincoln, Brookside.

That $50K likely elevated your value by $100K-$500K, based on your payback term.

Today the Fed said they would debate having 3 rate cuts this year, which can add up to .75-1 basis point. 
On the 15 yr fixed mortgage's I use, that comes out to about $250/month in interest payments, or $3,000/year....

I purchased the program based on the assumption that the skip tracing would be an integral part of the program.

Feel free to explore the BiggerPockets forums, ask questions, and connect with fellow investors who can share valuable insights based on their experiences. 

I won’t be looking to re fi those anytime soon because my interest rates are so low with them but when I do my current lender has said they will be limiting how much they will lend based on the properties tax returns. 

Thank you Rahul,Delayed financing requires two closings, but it gives you the bargaining leverage of cash purchases while recovering a bulk of your initial capital and providing funding for the rehab.