If you are seen to be using this for investments, then you will find it hard to get another FHA loan, making this method difficult to scale, but good when you are getting started.

Major issues like foundation work, bathroom renovations, and deck repairs are considered capital improvements, which can be depreciated over time, allowing you to offset a significant portion of your rental income with those deductions.

Amazing, are you looking to invest more in the Texas area?

All plumbers and even some tenants will have a water key to turn it on.I would check toilets first usually the culprit.  

However, there are still some great opportunities within Charlotte that can deliver strong investment potential.

Interested to know if there are more.

As a Banker my advice is to always have several conversations prior to and be very transparent with your Banker or Loan officer.You can use real estate to position yourself into a better or bigger home buts is like chess there are rules and you have to know in advance your next few moves. 

The goal is to get in their world, see how they operate deals and follow their formula.

They both provide different data depending on what is important to you. 

I feel like we have good systems in place and it is something we feel we are good at and also enjoy!