Hi Cliff,Traditional financing tends to have 12 months seasoning which is why a lot o investors tend to use non-traditional financing like DSCR.

I can recommend looking at deals in different ways, finding different ways to find deals, and put the work into finding the deals, and build the right relationships.I have bought 5 properties in the last 12 months and they all worked.I have been using different strategies to get the deal to work.

I booked a place for 5 adults and 1 child (16 y/o) plus 2 dogs a couple months ago because of it being the holiday weekend.  

_____________________________________________________________Current Rents:House: Basement Apt: Current owner occupies $0House: 4 bed, former BnB, currently 1 room LTR, frequently STRs (travel nurses) 8001 BR Apt: $1000Studio: 900Cabin 1br: 1000Cabin Studio: 700Current Gross Rents: 4400___________________________________________________________Potential Rents - All rents are currently below market*:House: Basement Apt: Owner occupies $1500 ($0)House: 4 bed LTR $2800 STR $5500+ BnB 20,0001 BR Apt: $1500Studio: 1200Cabin 1br: 1500Cabin Studio: 1200*There is an addition attic apartment unused: 1200Potential Gross Rents: LTR=$9400 - STR=$12,100Tax:530/moInsurance:250/moAssumptions: Small family wanting to househack and come as close as possible to no monthly expense.

Depending on the asset purchased, it will depend on the time that it was purchased.Real estate is placed into service via the mid-month convention.Therefore, if you buy a property in August 1, it is assumed to be placed into service on August 15th which gives you 4.5 months of depreciation.If you buy a property in January, you have 11.5 months of depreciation.However, if the asset you purchase is eligible for bonus depreciation, most of the depreciation would be taken in this year.Best of luck.

I am trying to absorb as much as I can before the move in the next few months. 

His rent was $1,300 month, and 10 years later, kept it the same.

That's only $350 a month.

I checked the lease created through Zillow that does not show up any option for reletting but what I am aware (done it few times when one of my other property was managed by a property manager) is tenant could pay reletting fees (typically one month rental) that allows property to be re-listed.

Hello I'm curious if this strategy is theoretically possible to expand super fast wealth as below:For example, I buy a rental property for $70,000 in cash and then immediately did a cash-out refinance to get $56,000 in cash (I know usually it takes 3-6 months season to cashout refi, but as long as one lender is able to do refinance it) I then use $24,000 of the $56,000 I borrow as a 20% down payment to buy a $120,000 rental property.