We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes. 

Ideally flipping to build up some capital then holding when it makes sense.P Peter, I am a local hard money lender with direct decision making, underwriting, in house valuations, and soft pull on credit.

.💬 Ask in the right forum – If you’re looking for financial advice, head over to the Finance, Tax, and Legal forum.

I'm not motivated, but the homes needed work I didn't want to do or I did if for strategic tax or debt shell game reasons.

This is to compare to stand-alone retail buildings of similar usable square footage.thanks! 

Who covers the tax bill when they don't pay the tax bill or the insurance? 

From my experience selling RE and building new homes your just not going to please everyone

I currently work with investors in the states and out of the states to build a portfolio in Turn-Key, Single-family long-term rentals.

Also, you will have additional occupancy tax depending whether you are in the city limits or not.

I have helped hundreds of investors build real estate portfolios in DFW and other great rental markets.