The loan application and underwriting goes on behind the scenes but isn't on the critical path to getting you to closing until the final days. 

I would also renovate the current 2 duplexes and increase rents (personally I would MTR or STR if applicable).This shouldn't stop you from acquiring more assets with your current income!

If a tenant doesn't meet the prescreening requirements, can't complete the online application, or red flags are found we quickly move onto the next applicate.Reserves - Every investor needs a healthy amount of reserves (or LOC) to cover vacancy.

You can file an amended return for that year if you haven't yet filed the following year's return.Otherwise, you'll need to file Form 3115 (Application for Change in Accounting Method) to adjust your depreciation going forward and capture the "catch-up" depreciation you missed.The flexibility in timing allows you to complete renovations, gather documentation, and work around your schedule without rushing to meet a year-end deadline.

Originally posted by Jon Klaus:To soup up your kid's progress, have them set up a Roth IRA as soon as they have earned income.To add to this, if you have young kids, generate some income for them.

., exterior/landscaping while interior demo proceeds).Use a Gantt chart (even a simple spreadsheet) to track trade start/finish, dependencies, and buffers.Daily control15-minute stand-up with GC or project lead each morning (photos + punch list).Two inspections/week: one quality, one progress vs. schedule.Keep critical spares on hand (breakers, valves, GFCIs, common trim, extra boxes of flooring).Tech + templatesSimple tools (Google Drive + shared photo folders, or apps like Buildertrend/Jobber) for scope sheets, punch lists, and photo proof.Use QR codes in rooms linking to the finish schedule for fewer “what goes here?”

Hi @Carlos SilvaFHA and VA are going to be tricky to get assumed and most likely reject your application if you don't move to the property. 

Absurdity at it's best.My personal opinion is that theory of the legal process and the actual application of the process are two entirely different things.

While the rentals within walking distance are considered more desirable by many, including graduate students and medical residents, I do receive applications from them.

Give yourself a 12‑week sprint: analyze 10 deals a week, attend one meetup, and post a weekly progress update to build accountability and attract mentors.