It was the right decision for me at the time to have it be an LTR, but it's a PITA restoring it.

The definition of poor initial cash flow has changed with time.  

Hi BiggerPockets community,excited to connect with like-minded individuals who are passionate about real estate investing. A little about me: i’m new to the real estate world and eager to learn everything I can to bui...

Obviously that feeling seems to extend to all people in all facets of life everywhere.

If you know the 2 bedroom median rent in the area, population trends and the last time rent was raised that's helpful too

I would also weigh if you plan on staying in the home you are in now for a long time or move in the next 5 years.

Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?

It's a part time job now.

Same goes for many apartment buildings offering MoveIn Specials.So, if it's slow-time winter or a property won't rent for another reason, why waste time worrying about why it works or how to avoid it?

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.