I’ve completed Form 3115 for a change in accounting method and am trying to make a one-time IRC §481(a) adjustment to catch up on the $36,360 missed depreciation in my 2024 return.I’m self-employed at my primary job, in addition to my rental real estate activities.

There is a method of buying a house without qualifying at a bank.

I don't think outcomes have anything to do with the financing method, it's the underwriting and not getting yourself into a deal that you haven't stress tested on paper to make sure you are conservative and protected in different economic scenarios 

What does your lease say as to acceptable methods of communication?

Their method of “forced appreciation” is kind of interesting.

Take a year or 2 to save up a nice down payment and emergency fund then buy a place with as many bedrooms as you can get.

Brandon,Speaking from a Banker standpoint the most popular and cost efficient method to build your REI portfolio is a Cash Out Refinance.

Or the manual method - Sheets or Excel. 

I still think it's one of the easiest methods to be successful with.  

We are the new landlords so not sure what excpectatioms the previous one set.how do you say this nicely?