Whether it impacts your DTI depends on two variables - whether or not you PG the loan (you will have to in most cases), and the guidelines of the loan program you are qualifying for.

I wanted to be aggressive though and priced it at $1.39 million and didn't allow anyone to tour until two group time slots on the weekend.

Keep in mind title companies have recording slots in the big counties..

I just did a pretty intensive search of PG County for an investor client and deals are available right and left if you're willing to be creative and think through various options.

The challenge is two fold, you basically need a higher rate, lower DP bridge loan to get you to 12 months stabilized, and then also want/need it to be no PG.

When have I ever not said that someone wouldn’t have to PG?

@Erik Estrada yes and no, while you do have to disclosure it; when using a conventional loan, a property titled in an LLC with the loan not being on personal credit is looked at differently (not a personal expense) even though you are a PG.

So while the tax break is nice, it means you lost money.https://www.irs.gov/pub/irs-pdf/p527.pdfYou can also deduct depreciation of real property, including rental property, as long as it is held for more than one year (see Pg 5 of the last link above).

https://www.phila.gov/CityPlanning/resources/Publi...pg 40/41"[1] When the proposed use is in an attached or semi-detached building, the household living use regulations of the residential district to which it is attached apply.

The long term stay section had widely spaced slots and was a pretty nice with it's own bathhouse and  laundry room.