Some tips:1.

@Angel M.Please discuss this matter with your CPA, who will likely tell you this is self-defeating.Passive income from rentals is favorably taxed. 

Hey everyone,Anyone have any recommendations for great real estate-focused accountants to help me with my taxes? 

Unfortunately once you head into the suburbs the higher taxes really eat into cash flow. 

Share your tips and tactics for negotiating favorable terms, including price, contingencies, repairs, and closing timelines.

@Tyler Ferguson It will be a little easier for your taxes and finances if you create a separate account for all of the property's income and expenses including the personal and rental part.

A lower "purchase price" presumably would help both of us from a tax standpoint, but hurts me on depreciation?

Property tax for each city and county is very different13.

@Anthony Warlick at 1.25M at 8%, assuming 75% LTV your payment would be 6879 without taxes and insurance (since that wasn't listed here).

FHA loan with monthly payment including taxes about 7800. the other side would get up to 3200.