The system I use has different catagories.

PAL - passive activity losses limitationsHere's the compromise our tax system created.

Generally the big boys are running big firms and big systems. 

I am hoping we see a pullback in markets I want to invest in, but it really depends on how the public reacts to whoever gets voted in, and the rate changes in the next year. 

However, not everyone has the income to qualify conventional, so the alternative route would be DSCR loan where the program doesn't look into your income, instead it evaluates based on the subject property rental performance based on the ratio system.

Hey Muhammad, I'm going to be voting for Detroit every time here.You have low entry price points, a city that's undergoing major revitalization, positive cash flow, strong appreciation, and population growth for the first time in nearly 70 years.Detroit prices have doubled in the last five years and the momentum is just getting started in my opinion.I invest there and help others do the same.

I'd put a vote out there for Bruce, he would be an interesting guest.

I agree with the need of a furnace.Most mountain cabins have hot tubs.Emergency generators aren't cheap, but great to have during a sustained power outage.I've thought a battery backup system might be a good compromise.

Most of us doing it a long time have developed systems so that we handle these things efficiently.  

The 'valuations' of assets will follow the quantity of capital in the system, dominated by..the US deficit.