You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversionWhen i started in 2012 it was like 1.05-1.07 

Quote from @Duarte Marques: Thanks for the fast reply @Chris SeveneyAny tips on how to start investing in real estate?

From my side as the CFO of a developer, GC, and property manager, I see a 12-24 unit building(s) as the sweet spot to start—big enough for economies of scale, but not so huge you’re drowning in management complexity.Case in point: we’ve recently wrapped up two 12-unit apartment buildings, brand new construction and cash flow ready from day one.

I am starting to learn about real estate investing and are super interested in learning anything and everything about it.

I'll be happy to refer your partner whenever there's a client ready to start a project.

As someone looking to start their investment career in Philly, this was super helpful. 

We asked to escalate but haven't heard back yet.

After reading Rich dad poor dad when I was 16 and began reading more of his books it was clear that a duplex was the way to jump start my career as an investor and more superior than a single family when it came to cashflow.

Avoiding problematic tenants from the start is the best way to prevent problems like non-payment, eviction, and property damage.

Assets identified in this study include:Standard windows and doorsInterior ceilings and wallsBasic plumbing and electrical systemsBuilding structural elements and roofingBasic HVAC componentsWater heatersFire protectionThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.