@Cody Ford Without having specific expenses and the 4th rent amount I can’t say for sure if I would pull the trigger on this property.

We've averaged around 7% for mortgage rates for the past two years now…I think if we can see a settling somewhere in the 6% range, if not sub 6%, we will see nice consumer confidence not only for home values, but rent values as well.

Wanted to know if landscaping is a tax deductable expense in general and if it differs when one unit is owner occupied.

The greatest and probably only leverage I have as an out of state investor is the proof of funds to show I have the liquidity and the risk tolerance to average 2-3 deals per month.The Yelp thing is specific to California and only for companies.

Some hotels actually have a condo like structure, where people can own the units, but perhaps are limited on their personal use to only a certain amount of the year - the rest of the year it is in the rental pool managed by the hotel.If numerous room owners stopped paying their bills, you could get tax liens on numerous separately owned units.Hotels are a tough business, an issue I also see come up with them often is that they require refreshes, expensive and relatively often - at least once every 10 years, if not more often. 

@John Davey Interest on a home equity loan used to purchase or improve rental properties is deductible on Schedule E as a business expense, but not on Schedule A for your primary residence.

The supply and demand are pretty balanced.Most of our growth over the past 5 years is from in-migration from more expensive states.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

Not only is furnishing it expensive, but also takes lots of time and coordination.- Who will be your Property Manager?  

Two of the biggest challenges I face are that I’m not very liquid at the moment, and the Seattle area is extremely expensive.