You can't claim these losses if you make over $150k and you're not a "real estate" professional.

I'm a professional poker player but I file as a professional gambler for tax purposes - more write-offs.

Coming from out of town (I've never been anywhere near Indiana before) there is only so much you can learn about a market and ultimately you need to find local professionals and investors that you trust.

Only the advice you get from licensed professionals who know your specific needs and circumstances will be meaningful to you.

I've been in professional training for over 17 years so I would love to work with ANY guru RE education group to do a real academic, statistical analysis on their materials and how to measure success.

You need an attorney who specializes in Professional Tenants as it sounds like you have an aspiring duo on your hands.

I will most definitely get a professional to look at it before closing if I move forward.

My plan consists of B+ to A- rentals with professionals as tenants.

My goal is to invest in my first property by the end of this summer.I am a professional aerospace engineer and know how to write very complex software so if there is anything I can do to give back I would love to talk to you.Thanks!

But young professionals drive nicer cars, and they are the ones that bring the neighborhood to a higher level.