But since you mentioned trustees... they would also benefit from a higher hammer price.

Taxes are straightforward as @Ali Boone mentioned, and the seller should have other expenses for you. 

If they make good money, and pay their rent (both the king and queen as mentioned) - they will most likely be good tenants. 

Go to the REIA in person too, there should be a way to mention what deals you have. 

Not to mention they actually cash flow. 

At least under GAAP it should be depreciated over its estimated useful life, like you mentioned.

I know you mentioned you don't itemize on your tax return. 

I was just curious because I had seen people mention that it could be done but hadn't seen any real examples.

I may be trying have my cake and eat it too but thought I would reach out and see if any one was aware of a bank willing to do it.The one thing I forgot to mention is that I am going to try to BRRRR it.

I'm curious if people have had success with any of the nearby communities such as those mentioned above.