Purchase price: $41,000 Cash invested: $120,000 3 bed/1.5 bathCurrently rented What made you interested in investing in this type of deal?

Reach out to them and try to compare. 

Insurance company is making me get a UL certified central fire alarm system for this 4 unit I bought in PA. 

Tough for buy in, but nice for out value.

Has anyone else gone through this exercise and can shed some light on the positive and negative aspects of the different approaches?

I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees. 

Many lenders will not do a DSCR loan unless cash flowing.

This probably has to do with the new rules that went into effect after the NAR Settlement that went into effect this summer.  

Hello Chris, When you find the time please reach out to me. 

If not, and if you are not removing the renters and living in it, then it is an investment property.