During May, net absorption totaled 52 units, while there was no new development; the net effect of absorption and construction dynamics caused the vacancy rate to remain unchanged.

You can only charge the tenant for the remaining lifespan of those items.

Driving for dollars and attending local real estate meetups can help you find motivated sellers and build relationships.

While rents increase gradually each year, mortgage payments remain the same.

But as to remaining profits - after those expenses and monies owed on the property are factored in, any monies distributed to you would count toward what would be taxed.  

Water charges are lienable and will remain with the property if the tenant fails to pay.

For example, if a sell a property for 130K, but want to buy another for 65K, can I use the remaining  65K to put towards a 2nd property and still qualify for a 1031?

Stay informed about industry news to remain aware of changes that could impact your investments.Finally, be prepared for risks.

We want copies of leases and spend hours combing through the intricate details; we want to know the seller’s  “motivation”, we want to know long term economic forecasts for the community, the state, the U.S.  

What's great is after 1 year of your first purchase, you can purchase a new primary home and move into that one, with your remaining entitlement, having 2 VA loans.