I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

@Caio Ferreira TorresHouse hacking a new every year is a best base scenario, but it rather difficult for all the points already listed.

Then we send a curated list to clients based on their buy box.

What's up Jad, I'm 24 and a broker based in Sacramento.

I guess the key question is will you be using this property as a 'home base' throughout your nomadic travels and how long would you like to keep this property as a home base? 

Your depreciation will actually start in the month and year it became "occupied" as a rental, based on the original purchase price, minus land, plus whatever capitalized items you did to prepare the property for rent.

I wrote a book called the Turnkey Revolution in 2017 and based a lot of it on advise I've given here on BP.

I'm Texas-based as well, in Austin. 

Based on the limited info - back of the napkin says not to go any further on the duplex you're looking at unless you have deep pockets to carry it while you wait for the capital gain.

Based on the policy, I understand that.