Why do you think purchase contracts are so long and have such small print?

However, it's important to note that Section 179 deductions typically apply to tangible personal property used for trade or business, which may not directly align with rental property activities reported on Schedule E.

Why do you think purchase contracts are so long and have such small print?

The lessons you learned the hard way in 2008 will be invaluable now, and it’s great that you’re aiming to stay small-scale and within your comfort zone of Sacramento, which gives you an advantage of knowledge in that market.Given your experience, I'd say start by focusing on three key areas to build confidence and minimize risks:Budget Control: Over-renovating was one of the big mistakes you mentioned.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

MA has a lot of courts, not a small state as you know.    

Why do you think purchase contracts are so long and have such small print?

Just make sure you take your policy to the brokers so they can do a direct comparison.Maybe hit up your primary home insurer to see if they offer a STR policy.

So now I have 2 mortgages with only the first one showing a small amount of income as long as I don’t show a lot of expenses.

Quote from @Jonathan Small: I have had section 8 rental since 2008.