Townhomes/condos are all pretty expensive in the area that I am looking (where I currently live) because there are good school around my area.

I’m loyal with people who provide good service.

That's good advice.

To the bank it's a good deal because there's 40% equity in the property.

But it turned out, it was his roommate (who moved in without telling me, but turned out to be a good tenant) that was doing the cleaning up.

good luck, let us know how it goes and if you need additional insights.

I keep getting mixed answers I don't know why this real estate professional tax status is confusing to me along with cost segregation and bonus depreciation no matter how much I read about them Do you pay a good tax professional to give you an answer?

Good luck!

When you find good ones, try to always keep them busy. 

Quote from @Virginia Frost: I'm always looking for a good opportunity but honestly my next purchase will probably be something that I don't have to do a total overhaul on.