Single-family home sales rose 9.1 percent year-over-year, with 8,108 units sold;Days on Market (DOM) for single-family homes remained unchanged at 48 days;Total property sales increased 8.5 percent, with 9,559 unit...

After 5 years running my family foods company, I am looking to get into the real estate side of things. 

It is a personal expense, just like your food expense.2) Repairs made on the duplex are deductible against the rental income.Improvements:1) Improvements made on the personal side are added to the basis of the property, but you cannot depreciate the personal side of the property.

You are basically taking out a loan for personal use, just as you would spend money out of the credit card to buy a food. 

When I changed the vacancy rate the monthly cash flow dropped to around $260.Some other neighborhood highlights:- $87,000 median real Estate price- average rent is $1,000 (rentometer said $750 was the average and I have $800)- 65% of the children in the area live in poverty so this is a low-income area. - the main occupations are manufacturing and labor, sales and service jobs

Just food for thought.

You'll want to look at indirect things such as "warnings to residents not to leave food scraps in hallways" or "needing to replacing damaged wiring" etc. 

Always include in your lease that tenants are not permitted to alter the unit in any way and when you are reviewing your lease with new tenants always highlight this clause.

Roaches need food and water, and they can't get either from people who keep their place clean.

--details on income and current situation - income wise i make at least $1,000 every two weeks from my current job.i have, in my opinion a great situation, i still live with my parents however all i have to worry about is paying my phone bill and insurance while bringing in some food on the table, so im grateful for my situation so far since it allows me to save as much as i can.#1 - since i have a place to live already, would it be wise to get a duplex (or better) and just be able to rent all the rooms out?