I'm a licensed Real estate agent and investor in the state of Texas, focusing on buying homes AS-IS, as well as helping clients list and sell properties.

Warning:If you depreciate a property down near zero and then have to sell your property at a loss during a situation of distress...You could end up giving all the proceeds to the bank AND owe the IRS a big chunk of money for recapture.Long-term tax planning with real estate needs to be coupled with risk management and making sure you don't lose any properties.

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!

We have a mixed use apartment/commercial property for sale where the owner would entertain seller financing.

I use Avail software and it will list your property on 10+ websites. 

I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard).

I am located in the Dallas-Fort Worth metroplex and looking to acquire multi-family properties.

You really don't need that LLC until you pay off the property and it's questionable if you need it then as long as you maintain your property and have correct insurance.Yes to wind insurance, not sure about hurricane.I use Foremost STR policy for one property.I am about to switch to USAA (retired Navy) for another because they quoted a policy that was 3k lower than what we have.

the  I have seen a lot of properties come and go.  

Today after making improvements to the properties it generates over $2,300 per month in cash flow.