.- Closed 7/20, larger 3/2, 1700 sqft,  subject to, took over $950 payments at $125k balance, rehab $30k, rents $1400. 

What is happening and what is the owner expecting to achieve from that? 

Coupled with a cost segregation study, it can be reasonable for investors to achieve passive losses through bonus depreciation that equal the amount of capital invested, therefore deferring the tax that would have been owed in that calendar year. 

Pros:It’s very user-friendlyIt’s freeTransactions automatically import from my bank account and credit cardMy CPA can log in to review stuff and there are pretty nice tax reports that you can run at the end of the yearIt’s made for real estate investors so it’s tailored to be used for multiple properties and/or portfoliosCons:It’s not customizable like QuickbooksThere is no way to run a balance sheet so I have to reconcile with my bank statement outside of Stessa each month. 

If the main goal is achieving depreciation then perhaps the weight of cap rates is less, ultimately it comes down to your goals. 

When you work a job that is not fulfilling or in line with your goals, things can easily get thrown out of balance.

It honestly feels like the wheels of real estate are out of balance yet it's still drivable.

Should I consider any other markets that can help me achieve what I want?

Hello fellow dreamers and achievers!!

I would concur with Jeff as well that doing a cash out refi would be a fantastic way to look at securing another property, but as he said it really depends on the value and loan balance on your current mortgage.