I’m a Colorado commercial insurance broker and have a lot of carriers available in my agency.  

It sounds like there is a tenant in there.

Hi Stevie,Oh yes, I’ve bought five old houses and learned a ton along the way!

Mortgage assumption can be a smart move, especially with rates where they are.Funny enough, my buddy Mike over in Austin ran into a similar situation last year.

Being able to use the depreciation or accelerating the depreciation as much as possible also helps especially before the end of this tax year.Thank you for this detailed description of how to qualify and I have helped investors use this strategy in Michigan in college towns and along the coasts so I know there is interest.To your success! 

I expect a change in the White House and a better economy by summer 2025.

We take a picture.

If it's two mortgages, how common is it for a bank to do two at once for a new investor?

It depends how much income you are getting in a year to determine the max loan you can get from a lender.

Quote from @Jessie MacDonald: This is a growing complaint from tenants.