--but that's the nature of the game.

I'm Texas-based as well, in Austin. 

For example, I look at places like The Cliffs at Hocking Hills (I live in Ohio, so this state park is one of the bigger tourist areas).  

Then we send a curated list to clients based on their buy box.

Your depreciation will actually start in the month and year it became "occupied" as a rental, based on the original purchase price, minus land, plus whatever capitalized items you did to prepare the property for rent.

What's up Jad, I'm 24 and a broker based in Sacramento.

@Caio Ferreira TorresHouse hacking a new every year is a best base scenario, but it rather difficult for all the points already listed.

I guess the key question is will you be using this property as a 'home base' throughout your nomadic travels and how long would you like to keep this property as a home base? 

I am thinking the following:This would be a wrap around mortgage as I still owe $165k on it.Sale Price $245k (market price)10% down ($24,500)10% Interest 30 year (please tell me if thats a bad idea)Monthly payment based on 30 yr ($1930/mo + tax and insurance) = $2448/moPlease let me know if i left any pertinent information out.Any sleuths out there can check it out. 🤓 (1032 E Tucker St Fort Worth, TX 76104)

Based on what I see we'll get more like 3-4% this year on single family in most areas.