I love to see that you’re building a community as well as creating wealth for others!

Look at other rentals in the area and see not only how they are advertising or promoting online but also the inside and outside of the rental so you can create a similar environment to try to replicate the same results.

If this is your first investment and your first property, the quickest way to fail is to create an uneven playing field.

If you can create high quality real estate related content, you can attract a large audience and find motivated sellers in the process.

That would be cheaper and easier than redoing a roof.I would think so, but I believe the next door driveway would than create an encroachment for that property which the seller also owns.  

Essentially you are creating future tax free income by being able to roll over these losses.If your income is between $100,000 and $150,000, a portion of that $150 loss is deductible and the rest rolls forward.If your income is less than $100,000, your loss is fully deductible - and THAT's the cool thing about rental income. 

To improve your business going forward, it is important that you recognize how you created the problem.There are a portion of residents that if you give them an inch, they will take mile. 

I had a very simple answer to that NOPE I had to learn you have to learn it and I am not going to create my own competition given that so few props actually get sold at the courthouse steps.. 

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Cost segregation and bonus depreciation may create paper losses during the holding period, potentially offsetting some preferred return income if you have passive income or qualify as a real estate professional.This post does not create a CPA-Client relationship.