(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you)  Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form:  https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.

"Scooping up" is not the right term.

Hello, my name is Derek and I am hoping to learn more about real estate investing and hopefully get into the game someday.

The purchase price was $560,000, so I knew the costs would be high. 

Hey @Peyton Culberson, congrats on your 1st full rental property!

Assuming the approval goes through, I will also own the approved lots.

My family and I are paying to own 32 acres of land in the St.

I’m trying to find the best sources to be able to compare sellthrough rates across various markets throughout the county.

What are some other ways to fund the 15% gap?

Quote from @Robert Villarreal: Thanks for the response, Ryan.