Purchase price: $160,000 I purchased a two story home by a military base from a family member for $160,000 but it is worth more.

Boring Can Be Beautiful, But Location Still WinsWhile I agree that boring markets offer steady cash flow, I’d argue that markets with a blend of stable tenant demand and tourist appeal like areas near U.S. military installations in Germany strike a better balance between cash flow and appreciation.

One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that. 

I'll Google those items and see what I find.

I only buy the Aquasource Henshaw White Watersense Elongated Height 2-Piece Toilet from Lowe's (item number 98923 model # T802).

I'm wondering how much specifics I need to include for each line item. 

Hey Tim, Under IRS Publication 523, as a military member on qualified extended duty, you benefit from an extension of the “2 out of 5 years” rule to “2 out of the last 10 years” for excluding capital gains on the sale of a primary residence.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

For example if you were to exit a new build in 5 years there may be no cap ex cost (i can think of few cap ex items that does not last 5 years - maybe carpet in class c and lower), just maintenance costs which would be fairly small.Best wishes

Would you have any recommendations, in your experience, for what to look out for in the documents that would be red flags or items that would negotiable?