Let's say I already formed a new LLC that would be designated for REI.

If you are younger and seeking to rapidly build a cash flowing portfolio, if you are wanting to continue 1031'ing into bigger assets, or if you do not have the cash to take down entire deals without financing, leverage makes a LOT of sense.If you are retired (or rapidly approaching retirement with a level of uncertainty or concern about what your post-retirement income will look like), it could make sense to begin paying off properties so that you reach a point where your expected monthly cash flow will exceed what you need to live comfortably after retiring.

It looks like a very simple or basic apartment, and it needs some serious design pieces.

I would look at real comps, and if your exit strategy is to flip in a few years, it may be a problem if you paid more than the market will give you.If you're looking to hold and are comfortable with the tenant, then I would consider itGino

and how much you can afford / would be comfortable with is up to you and your lender.on Idaho - that's exactly what I am talking about, picking a place where you have friends and connections, rather than throwing a dart at the cheapest places in the US. 

After 12 months, you can fully rent out the property if you desire, without needing to occupy.2nd homes are designed to have another place to live in a "resort type" area or when commuting to a different state for work.

However, landlords are investing heavily in upgrading office spaces to meet modern tenant demands, such as flexible work setups and health-conscious designs.

This designation allows them to treat rental real estate losses as non-passive, meaning they can deduct losses against other active income.

When I first started as a carpenter in VT I worked for a high-end custom design-build firm and all of our guys were actually local white boys.

You can force a tool like Pricelabs to work for MTRs, but it's not designed for it.