Even if you meet these requirements, depreciation deductions for luxury cars have limits, requiring fancy calculations and potentially resulting in tax hits.

Can potentially open a HELOC on this property.

DSCR also does not look at your income i.e. taxes, W-2, paystubs, etc but rather will look at the potential cashflow of the property. 

Syracuse has great potential for any sort of investing possible.

Our plan was to use this HELOC to secure off-market deals from wholesalers and then pursue refinancing.Concerns and Seeking Advice:However, I've read discussions, indicating potential challenges in refinancing when a significant portion of DTI is tied up in a HELOC.Given our situation, I am keen on understanding:1.

If I do try to wholesale this house what costs or other things should I consider for my potential buyer?

Makes kind of sense that they want to cover their butt for any potential lawsuits.

I have called several Independent Agents locally and they all are requesting 4 Point Inspection reports (WInd Mitigation basically) and don't seem to get the point that I am analyzing "potential" investments.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

If you're up for it, would love to see if I can help with my platform which is a CRM + project management platform + communication platform that works with email/text message so teams (and tenants and vendors) don't have to sign in to stay up-to-date/engage.