It depends on your situation and your property, not just on the law.If the property is big enough, your accountant can even recommend a professional study called cost segregation study - the best, albeit not cheap, method to maximize your deductions for property acquisition.

Olszak Realty Inc. has recently partnered with XXX Bank to provide you with the following methods to submit your rent payment:Deposit in PersonAt any XXX Bank branch, the nearest of which is located at: XXX, Chicago, IL XXXXX (XXX/XXX), you can deposit your rent in the form of cash, cashier’s check, or money order (made payable to Olszak Realty Inc.) to our account.

You'll notice here no one in the government is telling you of the status of the property....you are allocating the use-age using accounting methods and then providing them that information.Now this said, I don't know the specifics in SC, but here you can apply for multiple tax assessors parcels on a single legal parcel.

In a mortgage, your money is trapped once it goes in and is expensive to take out.Has anyone actually practiced and combined the two methods above?

Initially I planned to follow the BRRR method but then decided to sell instead of manage from afar (I’m in AZ) as well as a few other concerns.  

Should I use 70% rule or Fixed cost method?

While I am only making a prediction right now, I believe Springs is heading towards a sellers market as well which will make it a bad time to buy a typical investment property unless you're doing some creative methods to find new deals.

As a result, I have been using creative finance methods namely, seller-financing and cash investors.

Not the fastest or most economical method of learning, but certainly effective over time and there's no up-front expense.Then again, how much money can you afford to not spend?"

Since last summer (I believe) FHA now uses a 1% blanket method for student loan debt : 1% of your total balance (regardless of your monthly payment).