Similar to the allowances in a pro forma, they are simply set asides and only become expenses when the property taxes/insurance are actually paid from them. 2) Capital Expenditures - They certainly feel like expenses, but certain improvements cannot be expensed outright but instead have to be capitalized and expensed/depreciated over time.  3) Depreciation - Finally some good news! 

Dallas-Fort Worth is a smart choice, man the growth there is off the charts, and there’s plenty of room for first-timers with the drive to go all-in.I remember helping a buddy of mine who was in a similar boat to you, he was switching from a totally different career and diving into real estate.

I had a similar query? 

My 2 cents...I faced a similar situation in a unit I lease.

You know they will want to add more bedrooms to your house by eliminating the dining room and any den or other similar space and turning it into more bedrooms, right? 

Because with a note on the property, roughly 26K remaining on a seller financing note, If a receiver decides to go forward with in a similar path to rehab, how does the city create allowances for notes on the property. 

@Taylor G.i was going to ask a question similar to what @Jonathan Greene saidwhen you say "I have yet to find a real estate agent who is eager to help kick-start my investing journey"what does that mean? 

Hello DustinI was wondering if you know if Fannin county limits the number of STRs to 5% of total housing units similar to Union county? 

, but I'm genuinely curious if anyone has had any similar experience with this and how you would approach this. 

Hey Georgina, I'm in a similar boat to you as well!