Comparable property sales do not affect the depreciation basis, which is determined by actual purchase and improvement costs.

Insurance is going to protect you financially from lawsuits, damages, total losses, and other scenarios we can't even begin to imagine until it actually happens.You'll want to have a broker you can work with and trust that will make sure you're properly protected in the event of a loss.

Depends on the actual location in Southern Illinois.

It was a pretty annoying process and I'm not sure if its actually worth it, but my husband is risk-averse so here we are.

Before or after you actually own the property?

You’d be shocked by how little actual screening many PMC’s do!

Ok, I actually haven't found any deals yet as I'm still reading a few books and trying to wrap my head around real estate investing.

Lots of military bases around, that's actually how I ended up here.

Hi Devin, Have you ever considered that instead of America needing smaller homes that are more affordable, that America needs more higher paying jobs so that people can live the actual American dream versus having to settle for less and less and less (Has George Carlin pointed out in his classic speech about this). 

And you actually pull the trigger on something ;)This is what I would look at: 1.