@Elizabeth Seiferth - You can definitely make deals work in Maywood with the current market. 

The standard deduction is currently 14,600, or 29,200 if married filing jointly. 

Or another work around is taking on a DSCR loan on your current investment property and using the cash out to buy another property. 

Hello, I currently live in California and have been successfully managing my multiple properties in the Frisco (Texas) area for the last 3 years.

If you can't get cash out, consider the likelihood of your market appreciating further/bouncing back from where the market currently is, as well as whether you can do any value add to your properties to boost their values.

Also realize that the taxes on the unit that you are basing your purchase on - are the current owner's taxes.  

Calculate the potential return on investment (ROI) and assess the property's financial viability.Market Analysis: Evaluate the property's location and market trends.

Prior to purchasing an investment property, is it fair to ask to interview the current tenants in place as part of the due diligence? 

Please shed some light on this topic, especially if you currently are wholesaling in Illinois.

It currently rents out to tenants.What’s the earliest I take out the equity and invest again?