Personally I like the Section 8 program when the property is located in a super poor area with a ton of blight and crime.

Hey @Dalton Foote - I highly suggest  using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.

I have seen this, and unfortunately it was done poorly.

Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.  

What is the end product of your effort and where is it located, how long will it take to sell?

Any other sympathy is unfortunately just Poor Business Practice.  

Flatline population growth is a sign of a poorly managed state and large or soon to be large, government debts (e.g., Illinois).

Still, this is a poor time in the rental season and 1 months rent can be expected as a cost of vacancy (in addition to the cost to clean and touch up - $900) .Finally and I hope this is is the last one lol - Another tenant is moving out Jan 31st and this unit also requires a full cosmetic rehab.

This is your product, and you are branding it for maximum consumption.

My gut feeling and research is telling me the sellers did a poor job on the breaker panel and wiring.