I'm kinda surprised more people aren't talking about it because it's a fairly transformative law, allowing investors to create ADUs as well.

Being patient with the deals you want to invest in and expanding on your education to know what a 'good' deal really looks like.

Sometimes the best deals are the ones you don't do.General Tips:  If you have the ability to manage a small 4 plex when you start, it can be an invaluable education. 

Our water bill is below 150/month and even below 100 some months when it's not winter and tenants aren't letting the faucets drip, but overall it's not a nuisance. 

First congratulations on taking your real estate education seriously and putting yourself out there by posting on the BP forums.

So I have a few questions I wanted to asked this well educated community.

Non-renew tenants,, give it early even if its 8 months out.. you could also do mutual lease termination if they aren't month to month.Basically you want them gone, so only and best way is this.

You aren't the insured in this case.Renters insurance does not cover the physical damage of the real property - it covers the tenants personal property and other things. 

But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction. 

Education and hard work are worth far more than money.