Therefore, the furnace replacement is a capital improvement to your residential rental property.As with the restoration costs discussed above, these costs are in the same class of property as the residential rental property to which the furnace is attached.Is generally depreciated over a recovery period of 27.5 years using the straight line method of depreciation and a mid-month convention as residential rental property.https://www.irs.gov/faqs/sale-...

When we ahve turnover we advertise and rent at market rate, but as the tenants stay we raise rent to the mid-point between current and market rate. 

A starting point before looking at properties (and what I think you are getting at here) is to organize all your financials and see what approval you can get and shop rates, also a credit score above 700 and one in the mid to upper 600's is workable, however get a great mortgage broker to advise you in detail.

My score is in the low to mid 600's, and the DCR is about 1point 3.

Maybe its a mid life crisis question, but it is real folks.

I feel like there may be a real comeback on the way for quality mid-priced flips and rental investments around here. 

Have to watch out on 5 year loans as mid-process to fund the loan some lenders will stress test the property as part of an appraisal and then require a larger down payment.

It is mid February and we are slowly getting bogged down.

My issue is that she's in mid-high twenties and has not have a steady job to even cover her rent up until now!

I live in Massachusetts and in early 60’s close to retirement.One of my boys in his mid twenties is looking to buy a home but RE is very high priced.