Difference this time for me is hard money and wholesalers, it has been interesting. 

I cannot recall rate we pay - but essentially answer is you still pay.Also the 250k/500k primary deduction is prorated as well depending on how long rental vs primary.

Yes, I simply say I'm interested in seeing if a property might be for sale and I'd like to find the owner.

Lily,Looks like when you are done you will have a great ARV Congrats! 

Great to meet you.Are you looking for single family homes?

Below that was her response to a 30 yr fixed rate DSCR rates, plus origination and underwriting fees. 

Thanks so much guys, that's great advice. will do

The Carle Clinic is one of the only level 1 trauma center hospitals in the state outside of Chicago metro, the university is a great furnished tenant source, and Champaign county is 1 of the only counties in IL that is growing in population. 

Any insights or recommendations would be greatly appreciated!

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the current bonus depreciation rate at 60%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.