@Mike Flora  I was at J Martins last Oakland event.. and Bruce Norris did the keynote and I sat with Sean at dinner.Bruce likes SFR and half the Q and A for him was exactly that when is the crash coming and how deep will it be.his comments now were geared towards west coast but I do believe they are germane in many markets.He feels a market is not heading down until 20 to 30% or more of MLS is foreclosure acitivty or short sales and in our area that boat has sailed.. there is very little of either.He did mention though that he felt MF was  to use his words  " FROTHY"  his statement was when he talks to other MF owners and ask them would you buy your property for what you could sell it for today or a like kind one.. it was a resounding NO.. which to him or his point was he felt it was over valued and at some risk for moving backwards.. and from my VERY limited knowledge on MF I suspect that only happens in an over build situation to many doors not enough renters and you have rental bonus wars..

If you made money on your first deal, that's a bonus... but the most important aspect is acquired knowledge.

Obviously the more the property is worth the more benefit you will obtain.If you are planning on continuously buying properties in the years to come, then it is much more than the "time value of money" it actually allows you to continuously lower your overall income tax by using the maximized accelerated depreciation on your new properties.The 100% (or 50%) option of of bonus depreciation, allows you to deduct all (or 50%) of that accelerated depreciation in year one, instead of spreading it over 5 years. 

He did show up when she died and spent three days at the property before her parents came in town which I thought was very generous.

So let us know if you want to share that.For me 17k x 2 years aka 34k bonus is not worth the cost and hassle of relocating to DC then back to Ohio and various transaction costs.

So good news, granny is alive and well and generous.

Also, with us having a lot of our income in bonuses and commissions it forces us to only rely on our salaries, and allows us to have big chunks for savings or paying off the HELOC...So much information!

Hell, I don't know if I would be that generous given the location. 

If they don’t vacate, give it maybe a week and start the eviction process.If you’re feeling generous you can give them some numbers or website for some shelters or non profits, but beyond that there’s not much you can do.Only other thing is maybe give them their deposit back, but if they owe you rent, I wouldn’t do that.Good luck

There is a washer and dryer.Things like the Smart TV, wifi, outdoor grill, firepit, horse shoe pit, nude female artwork in the bedrooms, etc. are just bonus things above and beyond staying in a motel room.