That lender said, "I wish you would have told me.

Me not being an accounting guru....depreciation was a bit tricky to set up, however they have a few guides, customer support may walk you through it and searching via google will help you put the correct entries.  

Look into a HELOC on my personal residence but I’m not crazy about this 4.

@Saulo Dias We are in the panhandle, go ahead and PM me your contact info.

I am looking for a mentor to help guide me investing in real estate in Bay Area.

To me, it's a huge conflict of interest, and we do not raise capital from students, and allow the students to partner and raise amongst themselves.  

hit me with a DM if you'd like to chat sometime.

I currently own 216 units and do boots on the ground in lawton ok. you can reach out me anytime.

I'm mainly trying to just figure out if the year 1-5 loss of around $38,000 is still worth it in the long run with the sale price covering that loss plus about $250,000.

The example that was given to me was that if your property goes up in value $100,000 in a year, you would owe the irs $25,000 at the end of the year wether you sell the property or not.