Also, recognizing income and losses on your rental properties isn’t a choice, you must!

When you gain experience as an investor, you'll begin recognizing issues when you do your own walkthrough and an inspector or contractor can confirm it for you.If you want to proceed with an offer on a potential property, you should include an inspection contingency in the offer to give you the opportunity to back out of the deal should you find something in the inspection report you are unwilling to deal with or if the seller is unwilling to address through a satisfactory concession or repair.Good luck!

Eventually, you will be able to recognize the bad, good, and great deals. 

Keep on looking and running numbers and when the right deal comes in front of you, you'll recognize it.And you don't always need a home run -- base hits get the game won in the long run!

I recognize that this approach can still be taken with a more traditional corporate structure, particularly when it is a very small company, but I also appreciate the accountability. 

I am sorry but this sounds close to almost impossible.Bad credit$0 Down$1,000 monthly budgetHouse-hack situationMajor CityA $1,000 budget is basically a house at $100,000I would love to be proven wrong though.

Start with educating yourself on how to recognize a distress property/distress property owner.

The IRS recognizes capital must be spent to maintain these assets, and allows for deductions for these expenses.

If you are buying the investment property first, it will almost certainly need to be rented out by the time of applying for your primary so that the income covering the mortgage can be proven and does not affect your DTI.

I read this wasn't an issue and even asked ahead of time, but now at the very end they are saying they may deny it, even though I'm probably one of the least risky clients they could take on, and have proven so (with countless uploaded documents).