My strategy is using private lenders to fund the deal, then refi through banks.  

Thanks a lot man,,,It's interesting that there are so many people that would rather bet on appreciation....rather than go for cashflow.

I'm seeking tax tips for depreciation on an SFR that was purchased in 2014 as our private residence then converted to rental in 2016Details:Purchased in 2014loan was refinanced in 2015  We began depreciating in 2016 tax year, the year we began renting the home as landlordstax preparer for 2016 taxes entered basis amount based on 2015 assessment, not assessment from purchase year or for the 2016 assessmentunsure if bases was set correctly and whether to carry through that same basis or pull current year assessment for this and subsequent tax yearsTurbo Tax seems to be steering me towards using the purchase year assessment for the basis for depreciation.  

Well, of course I wouldn't bet my money on red, but I am considering investing more of a science, not mere luck.

However, wouldn't that stream of income go towards a private lender (bank) since I would have to put 20% money down payment and the 80% give or take would originate from a lender? 

I am only 2 years into this so I have not gone full cycle but I would bet the smaller operators will return more roi than the larger ones.  

I have been out fund raising and while I was prepared to handle a primary private lender.

Many private investors also want their investment back within 3-10 years. 

Welcome to Nashville :) I just private messaged you.

dedicated phone numbers.. first class check in TSA private clubs.. the Amex Centurian clubs at Vegas etc.. have full on meals if you use those like I do not only do you get the miles but you get good food for free.. and you know how expensive and usually poor food is in most airports.