I am looking to get a 30 year fixed mortgage shortly (construction to perm to be exact.) and am trying to find out the best way to file 2016 taxes to increase chances of approval.

Even at $50, thats $50 x 78 units = $3900/month x 12 months = $46,800 in additional cash flow above the increase we were already shooting for.  

Previously my daughter rented out rooms so we had a simple residential policy.

I will have to admit that i have thought back many times to before i was married and had 3 kids that if i could have done it again that would be what i would have done.Condos could be good could be bad... the thing you want to watch out for is the association and how often the increase the dues... they tend to cut into your profits.

In any case, these new technologies are increasingly becoming expected by home buyers and businesses.

You'd have to get a $35/month rent increase to make an extra $20 the whole next year of the lease.

There are several other strategies you may consider (BRRRR, subdivision etc.) but acquiring a simple cash flow property in Tacoma can be a good first step.

We're really just starting our research and trying to suck in all the information we can but I hope to network and meet some people here that might help us on our way and possibly avoid some simple mistakes!

Agree with Frank PatinoI would consider using my investments to pay off bad debt- Plus if the property is building equity from paying down the loan and increasing in value by the time you do retire the account you have now should be a fat little piggy bank.

Yes if your money is tied up or you want to increase volume it is completely valid to need hard money.