Be careful about assuming new construction wont have maintenance expenses - they often have break in periods of a few years while things get sorted out.Allow about 1 month per year vacancy and include that in opex.Consider what happens if you do not sell in a year or two, to quote mike tyson: everyone has a plan until they get punched in the mouth.

You want to properly document your basis in the rental property which would include providing the closing statement along with costs incurred prior to purchase such as travel, home inspection and appraisal costs.3.) as an out of state investor, how exactly does filing for taxes work when I reside in California but a landlord in Indiana?

Yes, Insurance is a tax write-off for a rental property.It is also true, that if expenses are higher than your income(not including depreciation) that it may lower your DTI Ratio.

Currently if you want school ratings, you have to go to sites like Niche.

When I first bought this place,  was an LP heater in the living area at one time, so the detectors include the CO option. 

Here's an explanation with a sample at the end:Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called estoppel form or agreement).

Was max 3 other properties, including primary. 80% LTV, prime + 1%, <4 properties.

This area is pretty expensive and would like to limit my initial investment under 100k including closing, reno etc.Looking forward to meeting you all!

Plans for the lower level of this building include 4 1br apts plus a unit for on-site manager.The numbers:$2600 current duplex rent$2850 upper floor rent$3000 lower floor rentI've walked the property & met with the listing agent.

Who else should I include on my team on a consistent basis?