I have been considering asking to buy the single family in cash to separate the deal but would like that amount to be subtracted from the purchase price while keeping the cash I would spend on the down payment the same to include the single family that way the seller gets the same amount of cash upfront.

Just remember you are spending time and money to improve a space that isn't yours and you're not able to take the improvements when you leave, ownership should have some skin in the game especially in a new build.   

I have a great job that I love and currently do not need to spend the cash flow from the properties. 

AND prices have come down a bit in the last few years.Get a good grip on your personal spending and CUT BACK on everything for a couple of years.

Dont spend your hard earned money that should be going to buy assets for a class..

There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

Please extend an invitation to your tenants to visit me in my home (1925 block/stucco construction - a dang bunker for all practical purposes)...footsteps bother them? 

I like to have 1-2 virtual assistants to handle tasks that I don't want to spend time on.

I’m curious to get some data on what people are spending on water/sewage each month on their duplexes….As the owner, water/sewage are the utilities I expect to pay myself.

I spend all my time finding acq wholesalers who have deals and connecting with buyers.