Net losses here also reduce your taxable basis making sale gains larger from a tax perspective.If you don't have any depreciation, you can owe taxes on the net rental income, even if no distributions were made to you.  

We made an offer 50K above list price but still didn't get it.

Put language in your lease about use of the screen for all fires.I always made it the tenant's responsibility to have the chimney cleaned at least once per year for the built in fireplaces and twice per year for the store bought types as they have smaller chimney piping.  

.- It's impossible, given the daily little decisions that have to be made dealing with tenants, maintenance, paperwork, cities, etc.So, how much control are you really willing to give up?

Has anyone made any moves in Portugal yet? 

What made you interested in investing in this type of deal?

I've heard podcasts with them bragging about all the money they made in the last 6 months buying apartments.  

The list is a nationwide list the Miami-Fort-Lauderdale area made number 2 on the list Orlando was ranked 6 on the nation wide list, so judging by the post I think it would be safe to assume Florida is one of the best states for fix-n-flips. 

Would be curious if anyone made the switch to Buildium and how it is going?

From what I've heard, one of my clients hesitated at first because of the upfront cost, but within two months, she had locked in a family for six months and the rent more than made up for it.Proactive Communication: Sometimes, the squeaky wheel gets the grease.