But, it’s worth consulting with a tax professional to assess whether any parts of the expense could still qualify for immediate expensing under safe harbor rules or another method to maximize deductions. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Piffard.

Purchase price: $125,000

Cash invested: $38,000

Our Mission: Provide Better Homes for our Veterans and those most...

that could determine the quality level the unit needs to be at for a new tenant- Am I doing the work myself, or hiring out?

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

What was your preferred method for sourcing/ screening tenants?

It just sounds like the BRRRR method but for business.

Right now, the one that has been catching my attention the most is the BRRRR method.

So, insurance premiums are getting VERY expensive.Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

They are also playing games with prices, claiming that some increases are due to increased quality, so no actual inflation.

My thinking is that with a heloc as the downpayment or in this case with a foreclosed property, it would 100% of purchase price, I could refinance using traditional methods and pay myself back.