Good property management can mitigate some risks and handle tenant issues more effectively.Ultimately, some investors are drawn to these markets because they see the unique long-term benefits as outweighing the challenges.

That is the benefit to the landlord, and the disadvantage to a month to month tenant... rent can be changed at any time.  

I also asked about any plumbing issues, which I would get inspected during the due diligence phase, along with other major concerns.While I don't have much experience assessing houses and determining the extent of repairs, I’ve spent a lot of time in stores like Home Depot and Lowe’s.

Exclusions.Certain work, such as time spent as an investor reviewing financial statements or participating in management decisions without active involvement, may not count towards the 750-hour requirement.As always, talk to your CPA to make sure that you meet the criteria above.If you do, there are many helpful benefits to you.

I believe you can benefit from his course(s).  

For reference, I’m in the growth phase of real estate investing so maximizing my returns is a clear goal.

How important is it to get with CPA to assist with tax benefits.

Renovating your personal home has several advantages that can be difficult to quantify since you experience the most benefit directly.

Would there be other tax benefits for high wage earners and what would those be?  

Not only that but it would give them a taste of their own medicine and may even prevent them from repeating the action in the future.I mean, why pay off a squatter for keys you’re just giving them incentive to repeat it, just pay someone else’s who will benefit you instead.