Depreciation is normally an after tax calculation ingredient that will determine after tax cash flow and returns.

This will help determine how much borrowing power you have and qualify for. 

Conventional financing is probably off the table with no job to determine an income source.

In my opinion, that determines if its a good deal. 

@Kerah Kirangi This moment, situation, scenario, what ever you want to call it is going to determine if you're investing or just buying retail like the majority of home buyers in 2021.

That algorithm for determining the new loan limit is by statute, by law, policy-makers can't change it on a whim and the Fed doesn't get a vote.

This article will address six important tips that will help you invest wisely.1.DETERMINE IF YOU HAVE THE FINANCIAL MEANS TO INVEST IN RENTAL PROPERTIES2.CONSIDER YOUR GEOGRAPHIC LOCATION AND DESIRED LEVEL OF RISK3.RESEARCH DIFFERENT MARKETS FOR POTENTIAL INVESTMENT OPPORTUNITIES4.GET FINANCING FROM A REPUTABLE LENDER WHO SPECIALIZES IN SINGLE-FAMILY RENTALS 5.FAMILIARIZE YOURSELF WITH THE PROPERTY MANAGEMENT COMPANY THAT YOU ARE GOING TO HIRE6.

The situation for international investor is similar as for US resident for ECI (Effectively Connected Income, eg buying and operating real estate directly) when it comes to US taxes but it depends on country of residence to determine if local tax.For FDAP (Fixed Determined Payments, eg dividends from investing as limited partner, receiving dividends from REIT...)

Firstly, you'll want to determine who exactly you want to mail to.

Once you get a flavor for the cap rate you should be able to accurately determine the value of the building from the NOI and understand if a refinance is "worth it" in your situation.