My understanding was that my duplex would be depreciated via a 27.5-year straight-line method on a half-year convention in which the half year's worth came in the first year regardless of when I bought the property.

Because of it's use the Fire department/Bldg Inspector insisted on a security system with alarm monitoring direct to the Fire Station.

I find some security in having equity in the property and not being leveraged 80/20 on a lot of properties with minimal cash flow from each.Thanks for your responses.Dale.

Verification:Rental of Other Property Not Securing the VA Loan Obtain the following: documentation of cash reserves totaling at least 3 months mortgage payments (principal, interest, taxes, and insurance - PITI), and individual income tax returns, signed and dated, plus all applicable schedules for the previous 2 years, which show rental income generated by the property.

By the way, semi-turnkey, with this company means you buy the property with cah and basically use the BRRR method, but they have the team, so that's what you're paying for, their team and expertise.

This sounds like the BRRRR method.

We settle in 3 weeks, has anyone ever put up a Craigslist post (no pics or address) BEFORE settlement to try to secure/gauge interest? 

Makes sense if you want to be an owner occupant, but not for an investor.So, maybe the auction sites work for some, but personally I'd rather use other methods to find properties.

Rents are collected via social security and donations from non profits as these are elderly people, therefore the rent is paid timely- Thoughts?

I heard about this method after listening to Rod Khleif's podcast episode # 209.