Make sure your underwriting process is solid—accurate repair estimates, realistic ARVs, and understanding local rental demand are key.

Repairs/upgrades will be made this weekWhat gets me is the offers are well below what the house would appraise for - it appraised for 193k in 2023 for reference.

Whether getting a repair or full replacement you need a permit otherwise you may be subject to fines if you get caught.

Once repairs were completed, Evernest vetted and placed a new tenant, who refused to pay rent and caused an additional $5,000 in damages.

Instead, look deeper at cash flow after all expenses (mortgage, taxes, insurance, repairs, vacancy, management, etc.).

I’d recommend first running numbers on rehab vs. resale vs. rental, look at the after-repair value, renovation costs, and rental comps to see which path creates the strongest return.

Based on what you qualify for and put money aside for repairs, take a cursory look on Realtor.com, Zillow, where ever.

If they had no money to pay the mortgage, might be tough getting attorney to take their case, but maybe they tie you up for a year doing it themselves.If you can't see inside, you just have no idea what repairs need to be done. 

I might have 4-5 repairs per year. (1 every couple years per property.)

Regardless there are many more tax benefits other than depreciation - mortgage interest, repair costs, mileage for your vehicle, home office deduction (and thus percentage of utilities/internet etc), home office products, materials for repairs, property management costs, property taxes etc.