First person I met was the section 8 case worker.

My initial idea was 10-20% down with 7% interest rate for 10 or 15 years after doing research. 1 person suggested a balloon at the end and another person advised against it. 

Nice area though and properties probably will hold their value as long as kids go to school in person at a building/campus. 

So, while taking into consideration the age and condition of the damaged item at move in and the time the tenant was renting for is a factor, I personally don't think using a strict IRA depreciation schedule makes sense.

Let me know if you ever want to chat more directly about house hacking as my wife and I personally do this as well as most of my clients that I help!

Feel free to reach out and connect!

This is considered a personal home - even though it has rental income, so you only have to have 3.5% down frequently, not the 20% down it takes to buy a true investment property.  

Feel free to reach out about the project.

I wasn't sure if other people at this stage when starting out feel the same way.

Hello everyone,I'm feeling a bit indecisive about what to do next and could use some advice.I recently moved to the United States 7 months ago, specifically to Orlando, FL.