You are welcome to talk to the neighbors, the grocer, the local mailman, the 2 kids running the lemonade stand, the guys repairing the roads, the stoned high school kids 5 doors down, the pilot who flies a plane over on the daily flight to Salt Lake city or even the president of the local avian viewers club.

See below.If income is 800 each.Income (potential $800/unit)          1600  Taxes Ins, elect and water                 333P&I (amortized)                                   495Vacancy (10%)                                     160Maintenance (10%)                            160Total Cash Flow                                  452Cash on Cash  Return                       54% 

However, inventory remains incredibly tight, with only 1.7 months of inventory in Austin and 2.4 months in the greater Austin area (a balanced market is 6.5 months).Steve Crorey, 2018 president of the Austin Board of REALTORS®, said, "In the Austin-Round Rock MSA, price classes across the board are seeing an increase in demand with a decrease in inventory. 

She needs to get elected in November first, which is not a forgone conclusion if someone with enough cash behind them runs against them. 2010 was the last time Monroe had a Republican competitor, and he only won 52% of the vote.

I was an HOA president for a few years and this issue came up.

The validity of the lease may also be enhanced by evidence that both parties complied with the terms of the lease and that the rents were paid on time.You are not paying yourself a rent, but your Medical practice ( hopefully it is LLC elected as S-corp) is paying a market rent to your business entity, which is LLC.

Anywho, since it’s outside my area I ask the realtor if he has any local bank recommendations.... gives me a name, president is a good buddy of his, handles the loans like this from start to finish...I reach out on Monday.

there are elections ( sometimes mandatory)  that partnership can make after the transfer of the partnership interest to step up the basis of the partnership's asset.

Is it permissible to use the de minimis safe harbor election and expense the renovation costs that fall below $2,500 instead of capitalize them?

We have elected to go with another candidate at this time.