But get an LLC and rent from it personally...any cleaning expenses, paying your mortgage etc. come from the LLC's bank account, any outside money that you need to fund the account will be a capital contribution and then you will be able to do cost seg on that property.

If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.

@Greg SeivertMost lenders that work with real estate investors understand that you may show a paper loss and they won't hold it against you.

Ideally, it would not need something like Zapier to connect tools, as that adds to the costs and can be clunky. 

If so, maybe you just keep it and do a cash out refi once rates come down a little more.

If you want a local contact message me and I can introduce you.

Also, I have a ton of family in Tucson, and I visit at least a few times a year.

Some HML in ohio might be able to lend you both the purchase and rehab.

Looking forward to meeting fellow investors and making some great connections!

I just refurnished much or it and got new pictures, and the activity has been good thus far.A 2/2 beach side in Destin/FWB, income will depend on view of the unit, and the things mentioned above.