It is a complimentary strategy to pull some of your money back and hedge your bet. 

Nate @Nate Marroquin   You can use the income from your tax returns on the current rental adding back your paper loss (depreciation) and add back the mortgage interest, property taxes, home owners insurance deductions on your tax returns. 

I reached out to only 3 two got back and 1 I was actually able to have a conversation with.

I have a big dream to visit there one day; she has since moved back. :) Wishing you the best in your business. 

@Robert RixerHere’s my back of napkin approach to easily sort thru MF deals. 

Well, yes, some properties may require complete work, but others may just need cosmetic things to bring them back on the market.

My lawyer has drafted a month to month lease agreement and an annual lease agreement for residential tenants.You guys are going to do awesome, you both will be looking back one day at the memories you made.

I was able to get my money back in using business line of credit without touching or doing anything to the property.

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan! 

The industry continues to see consolidation, with private equity-backed firms actively acquiring, albeit at a slightly slower pace than the frenzy a few years back.