Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Please continue sharing your stories.I'm curious what neighborhoods in Philly you have rental property in and what great neighborhoods/zip would you recommend for rental properties. 

Just to present an alternative point of view regarding California residents investing in STRs, I'd say the gambit still works and works well.For one thing, you still get to use the Section 263(a) tangible property regulations' de minimis rules, which probably mean you can immediately expense most of the furniture and fixtures in your STR.For another thing, while for your California return you won't be able to use bonus or accelerated depreciation for the personal property, you will still use shorter 5-year and 7-year lives for maybe 25% of the improvements.But the big thing: The federal tax bill is far, far bigger.

Property values soared high in this town since past 7 years.

After making the improvements to the property, it generates $995 per month in cash flow.

The reality of investing is often much different than people see on social media - you need the fuel to power your investment properties!

We don't directly manage properties.

What are the best areas in Birmingham to flip properties?

The property is in pretty rough shape so we're planning on renovating before renting.

Looking to possibly start investing with some whole sale properties and land.