@Hyeonji Oh  Either house hacking a SFR or buying a multifamily (4+ units typically) will allow you to get into the bay area market. 

I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?

I'm seeking insights on whether pursuing property investment under these conditions would still allow me to utilize accelerated depreciation effectively or if there are alternative strategies I should consider to maintain my financial strategy amidst rising interest rates.

Just adding a couple of things for you to consider to add to your research - Regarding the basis step-up, you're correct that under current law, your mom holding it until her death may allow for you to receive it with a full stepped-up basis, washing out all the appreciation during her lifetime. 

Ideally I am looking for an app that allows the tenant to pay thru direct deposit at no charge and for the payment data to be collected for credit scoring purposes. 

Short answer: no, not a direct offset.Longer answer: if you already have enough itemized deductions to exceed the standard deduction, then yes.

Yes, you should add your fee on top but make sure you have a marketing clause in your P&S Agreement with the seller allowing you to promote it.

Allows for you to stretch your cash farther or take on a property you might have had to pass on due to cash flow.

The funds must never be in your hands, or the 1031 exchange may be void.Other Potential PitfallsYou are not allowed to use the proceeds from the relinquished property to pay for renovations.

This gives you both in-state protections and the anonymity Wyoming can offer allowing you to protect your assets with outside-in and inside-out liability protection.