It's essential to recognize that all investments carry assumptions and risks, but informed decisions are based on historical data and trends.

Yet, you can never say never and any investment carries a certain degree of risk.The issue of drug cartels and violence in Mexico has been going on forever, with some ups and downs. 

In addition, get copies of the tenant leases or even expired leases if the tenants are month-to-month as those terms carry over.

My current estimates carry $200/month for potential expenses, which is included in the calculation that says 5% cash on cash return. 

This is where you report negative income amounts, including NOLs.Calculate the NOL Deduction: The NOL deduction allows you to carry the loss forward to future tax years to offset taxable income.

Yes I think at this point only way might be mirror to carry the lights in.

Hey @Aram Velazquez I think it is wise to make your renters carry a policy.

One thing that would be helpful to investors from the professionals is hard data, the statement numbers don't lie, carries weight as long as we do not make them lie.

To maintain profitability, it's essential to carry out in-depth market research, closely monitor remodeling expenditures, and do due diligence on prospective properties.Preliminary Advice for First-Time Investors:Become knowledgeable: By reading books, listening to podcasts, using internet tools, and connecting with seasoned investors, you may keep up your real estate investment education.Start modest: Start small and increase your investments gradually as you acquire confidence and expertise.Network: Make connections with other investors, real estate experts, and mentors who can offer advice, encouragement, and insightful perspectives.Make a good plan: Make a thorough investment strategy with precise objectives, deadlines, and exit tactics.

Diving in on some value add opportunities with a seller carry and a 5-7 year balloon contingent on appraisal.