This question comes from me finding a property that seems to be in decent condition for this type of property however it will need alot of work including a second bathroom if I were going to be able to sell it as current 3/2 prices. 

Hi new to BP looking to invest in a single family home and curious to know the types of loan financing options, current interest rates and if there any home purchasing programs that will help investors. 

I understand that they are looking at income and assets… my question was specifically about how mortgage companies view depreciation on existing properties… It depends on the loan product, do you know what the specific loan type / mortgage lender you are working with?

East Providence might not be the same as North Providence's discount.I strongly suggest driving around and visiting homes, there are street by street differences that make the class or type of tenant provide a higher estimated cashflow.

A 15 minutes on TurboTax type.

If they do file, you'll need a local attorney to represent you and they will bet you'll not follow through.

It has the owner living in one side so this could be a good purchase for a owner occupied type of buyer.   

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

I am not in Baltimore, but there are some national insurers like State Farm and American Family Insurance that insure these types of properties.

Purchase price: $375,000 Cash invested: $50,000Short Term Rental in Henderson, Nevada. https://www.facebook.com/TheLushHendersonNVWhat made you interested in investing in this type of deal?