It could vary of course depending on the defenses of the tenant and if the court is presently backlogged.

Items like a missing doorbell or blinds may fall into wear-and-tear depending on their age.

The question is mostly a personal financial planning question and it depends on your preference and what balance of risk and access you'd like and would be comfortable with.

All the rest live in other states or countries.

Are you looking to live in one unit and rent the others? 

Buy in an area you want to live and renting to the people you want to rent to.

I was fine with all these numbers.Then I met with contractors...First, I wanted to add a new bathroom and approximately 450 sq ft of additional living space.

We currently live in Houston, TX but we will be relocating to the Seattle/Bellevue area this summer for work.

This not only defers the taxes on the two rental properties but then once they live in the primary residence for at least 2 years that home now qualifies for the Section 121 exclusion on the gain.

Breeya Johnson Markets depend on your strategy.