Depreciation is an expense that you take "on paper" each year you own a piece of investment property.

I have been listening to the bigger pockets podcasts for a very long time and have been in analysis paralysis for years.

Hello  my name is dozar  from chambersburg pa , I own a duplex  and plan to buy one property each year  for 10 years through house hacking method. 

This year I signed up for sessions there like underwriting multifamily and cashflowing multi family in high rate environments and I'm excited to hear what they have to say, plus it's in person so lots of good networking to learn from others.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

I currently build about 80 units per year with the intention of keeping as many as possible.

Took all the steps to renew my license this year.

The other requirements in the listing such as credit score, rental history, etc would remain unchanged. 

Purchase price: $460,000 Cash invested: $50,000 My wife and I purchased a duplex in November 2022, lived in it for a year, and now rent it out using a long-term hold strategy.

I think 95% of the time you will be fine, so I would probably check the box, do a good job with pics and descriptions accuracy and deal with the 1-2 problem people per year.