If you're making money on the STR and the massive profits that so many tout, you're probably not going to get much in write offs....maybe this year with your accelerated depreciation if you make improvements and do a cost segregation study....but you'll probably be paying more taxes next year on your massive profits.3.

I believe that the will be listing for around 75k-80k, which I think is too high with what all needs done, but quite possible for someone who wants to slowly make improvements on their own gradually.

Well done sirI would acquaint  yourself with the math to reflect how current or improved rent and all cost deliver cash flow for the tenant or value over time in a buy and  pure hold strategy Most investors do this on their own however they love a professional who understandS how to make these investments really perform keep it up sir

The problem will be finding financing on a deal where the home inventory is almost equal to the land value (and you’re not getting chunks of money to pay off that home loan if you’re doing a rent credit program)

I've picked up a few young bucks along the way who have worked along side me to learn how to find, fund, and improve properties as well as much about property management. 

I also love to read - mainly self improvement/mindset type books so if you have any recommendations let me know!

You could setup a "budget" for the inventory of supplies.

So the lack of inventory around the country is due to the moratorium The lack of no inventory in the middle of the country is due to a dispute in the awarding of the Asset Manager bid for the Denver region. 

@Matt Medina Typically, unless you've done extensive structural improvements to the property, you're not going to be able to remove the Mortgage Insurance without a refinance within the first two years.

You need to either save money from your cash-flow for your next property, improve the property through a rehab, or PRAY for more market appreciation or at least that it doesn't go down so you can refinance out some money later on.