To find where to invest, look for places with lots of jobs, good schools, not much crime, and nice things like parks, shops, and buses or trains.

We are open to getting a home renovation loan and finding something cheaper and renovating, but we still can't get into the prime areas for the budget.We have been advised to make sure to choose an area insulated with good schools and parks but that's just not possible with our budget unless we go to the suburbs, which we are not willing to do.

I've found Colorado to be one of the most expensive in the US, maybe followed by Park City/Deer Valley, Utah.

If the property is not depreciable (IE the allocation of the purchase price to land), then it can escape ordinary treatment, but it also isn't depreciable.https://www.thetaxadviser.com/issues/2011/apr/casestudy-apr2...If you find  a cost seg provider that legitimately carves out 60% of the purchase price of a building to short life property, let me know who it is  My experience is more like 20-30% on average of the building basis from an architect based study unless it is something like a Hotel/Motel or Mobile Home / RV Park.

We have a lot of timber tracts that are adjacent to state and national parks.

But if the property is empty a protocol in that scenario would call for the removal of the affected area and a thorough cleaning and disinfecting of both rooms.So if you're someone who wants to get ahead of the curve make it a routine task to test for mold before and after a tenant moves.

Hi All,
I am a structural engineer by day looking to branch out into the world of real estate investing. I've learned a lot so far from the Bigger Pockets podcast and I'm excited to be part of the investor community...

Will be a question of setbacks, number of parking spots, and drainage. 

Grant programs also come with strings attached much of the time, so you need to really understand what you are getting into there and if you will need to pay any money back if/when you move.I have a client currently under contract for a three-unit in Brighton Park, who will be able to live in the one-bedroom apartment almost for free (I think with utilities it's going to come out around $300/month).

@Hyeseong Park  a "foreign resident" can't co-sign for you...but if he is a legal resident, then it's possible.