I was also planning to work for a property managing firm to learn the ropes of the state and local codes while continuing to invest.

Hi All,I know this question probably comes up often, but I wanted to ask: if you're using QuickBooks to manage your rental properties, which plan are you using?

If a tenant is breaking clauses in your lease at minimum I would have stated that in the letter, given ___ days to make the correction, or plan to move out of my property at ___ date.

And it depends on what you do next - rebuild or sell as is or some other plan. 

I already have plans for both homes but have not moved forward due to the quotes I'm getting.

Whether it's through sustainable practices, adaptive reuse, or innovative space planning, the possibilities are endless. 

Your taxes are none of the ex wife's business and this would seem to address your concerns.I would also put her on notice that future requests for financial discovery will be two-way and if a discrepancy is seen in the other direction you will seek support from her.

Do you plan on renting out your current house or house hacking it? 

So as long as someone gets realistic with the TRUE cost to  own and maintain and the numbers work it can work but I am a big proponent if your going to have these types of assets they need to be paid for to really enjoy any financial benefit.lastly I can say the same thing about new builds.. over the long haul unless there is REAL appreciation more than just 2 or 3% if you sell within say 10 years your going to be lucky to break even as your going to have to spend 20 to 30k making the houses fresh again to get top dollar a 10 year old rental is not going to bring top dollar and the value at that point will only be what an investors will pay for a given cash flow..

In fact, some of them have been in the news lately and popped up on the foreclosure list as they are in trouble financially as well.