Investors can anticipate potential monthly cash flow income that may be tax sheltered using depreciation.

Until then, Id really like to set up some passive income in the city based upon buying and holding units for rent. 

Without consistent steady flow of clients, income is sporatic at best. 

the longer answer is... if you are employing a combination of creative strategies then it's possible to reduce the amount of cash you need to put down / to close. 

Because if we can take deprecation losses from our rentals, we can use that loss to offset our other active income (from being a broker for example). 

Her credit was in the low 500 but this is one area I am willing to be flexible as I do not like to compromise on income/rental history/no pet. 

The sellers have reduced the price from 500 to 400 since the first buyer backed out.

can utilize a no income no doc DSCR loan .

Long term tenants staying many years reduce your vacancy, which is an overlooked expense.

Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.