There are interestingly more requirements for the MEP trade licenses.

Timing the market is like day trading in stocks and runs counter to the benefits and security of real estate over other investments.It goes without saying that current prices and rates need to be factored in to your underwriting.

If rates fall later this year as forecasted, it could be worth factoring in the possibility to refinance and bring my mortgage down low enough to continue renting it as a short term rental or consider renting it mid or long term. 

You also can take the loss if you have other passive income or if you (or your spouse, if married) work in a real property trade or business and you materially participate in the rental.

Some will allow the sponsor to trade things like acquisition fees for ownership.

Hi Les,The forecast for the Fort Wayne Metropolitan Statistical Area is optimistic, predicting a growth rate that gradually increases throughout the year.

Personally we don't do anything more than 50% leverage and right now we are right around 20% leveraged on our entire $4mm portfolio.i don't understand how people do all these 0,10-20% leverage deals and max out with little to no cash flow but have "100 doors" we have 20 doors but they are all high quality homes.Was an intensive grind and a lot of cash but I wouldn't trade our journey for anything -14 years later were at 20% leverage on our portfolio and dropping rapidly every month

When acquiring a building it's highly advisable to obtain the seller's financials so you can assign real, rather than wholly arbitrary and irrelevant numbers to your forecasting. 

Well people in real estate make a living trading their knowledge for money. 

Consider what client profile you would cater to and then see what properties that would attract that client trade for.