Each unit has access to a backyard. 4 Units have it as private and 4 shares it with each other. 

If you do plan to go for the bonus depreciation then make sure you’re committed to the property for at least 5 years.There are still lenders doing 10% down second home loans as well as 15% investment - I just talked with one last week that served most of the country. 

If you assumed the mortgage there would be an approval process with that mortgage lender to get your name on the mortgage documents and then you would get the tax benefits. 

In the past on a different property I've called the lender and confirmed it is okay to do this in order to not have a due on sale clause prior to quit claim deeding it into an LLC.I've heard sometimes the lender will say you must refinance into your LLC in order to quit claim deed it to not trigger the due on sale clause.

At the least the higher-end one's I bought, they were not "habitable" according to lenders.

I own MTR's in a San Antonio medical center and I can give you this advise: Traveling nurses/professionals are looking for small accommodations (lower price point), they are concerned with safety, as they are usually women traveling alone, well-lit walkways by their parking spot, private entrances/bath/laundry.

My current W-2 income will probably not be enough to qualify for the loan, but my income from my current property, which has existed for far less than the two years lenders will look for, gives me more than enough money to be able to handle the payments on such a loan, if I could qualify. 

Does the lender get the homeowner out of the house before it goes to auction typically?

I feel like I had gotten my team set-up, a young aggressive real estate agent who owns rental properties himself and buys foreclosures and repo's himself, a solid lender, cpa/book keeper. 

Yeah I would check with many different lenders to see how you can use that to your advantage.