Fannie and Freddie are the government sponsored enterprises- conventional loans are underwritten to their guidelines. 

As the owner of Oz Realty, I wouldn’t recommend any other property manager in Toledo to take you on.Most companies don’t allow landlords to use their own contractors for repairs due to internal operating inefficiencies. 

If the seller is trying to avoid legal issues with the city for illegally operating a property I would get out of that.

The cost segregation studies that typically yield the highest credits and deduction are for properties valued at $150,000 or more or that have lots of added features such as components to operate or high-end custom finishes.

They operate in Houston, TX., and Albuquerque, NM. 

hmmmm, raising capital for operations vs each property?

Very satisfied with the results, operations and and the ability for both manual and automatic shut off before a leak can cause damage.. 

Turnkey companies usually handle buying and renovating the property, then partner with a local third-party management company to handle day-to-day operations.

@Kyle Kline“Investing for equity and not cash flow” doesn’t mean “buy properties that don’t cash flow.”To me, invest for equity not cash flow means that the PRIMARY reason to invest is for equity growth and an increase in net worth and NOT cash flow.I’ve been investing for over 40 years and while cash flow is important, it’s not why invest.A property must be self supporting ie produce enough cash flow to cover debt service, operational expenses including repairs and replacements.

He said that he did adjust the cost basis..and that only depreciation can be adjusted, not operating cost and that my NJ cost basis is now lower.