Hello, I'm closing on my first investment property in about a month. It's located in Buffalo in the Five Points area. I live out of state (out of country, actually), and have never lived/rented/landlorded in the US. I...

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Especially because in 10 years, if you need cash, you could consider a cash out refi, the tenants pay the mortgage, and you just got money tax free. 

. * [6-24 months] Whenever I find a job and qualify for a FHA multifamily, get that property (with break-even cashflow most likely), and rent the condo at a cashflow loss for a couple years until rent increases (due to high-interest on underlying debt)* [Almost immediately afterwards] At this point, do a cash-out refinance on the condo to pay back the SBLOC (unsure if this is possible immediately after getting the multifamily loan), and secure a lower rate for the condo itself.I know this strategy sounds like loser, as it bleeds money all around, but my hypothesis is:* Underlying assets should grow more than 8.15% in a given year, and I would not pay short/long-term taxes on stock.

Does anyone have any tips?

Thanks for the tips!

If so then go to your county website and look up the property tax records.

Don't make the assumption on funds with tax season over they may be more flush than you haha!  

Whatever the City won't adjust off you get to deduct from your taxes anyway, so you're not actually paying the cost of the water usage.5.

Some quick tips on accessing the best info from here..1.