I did a direct rollover for a rental property.question: Can I deduct repairs from the remodel as well as take advantage of the depreation schedule as i do on a triditional financing. 

Have a client interested there as well as myself and just wondering how it's going! 

American Banks (like BofA and Wells) actually did lend in CR pre-2008 but that possibility disappeared after the crash.

When scouting for properties, explore areas on the west side as well as some parts of the east for potential opportunities.

I've been reading a ton here as well and am learning every day.

If they are wrong, well, you can buy that deal from them (or their lender after they foreclose) a year or two or three from now for less than they paid...By the way, there is nothing wrong with buying a single family home or duplex--my first deal was a mobile home. 

These things happen, just make sure you document as well as possible.

Im the dreamer (although well researched dreamer) and my husband is the risk-adverse.

If you want it to run well, you may be spending a lot of time at the property.

I'm a contractor based in Maryland and DC, so the renovation aspect is well within my expertise, having done numerous projects for other developers and general contractors.However, I'm facing a challenge when it comes to choosing the interior design elements, such as bathroom tiles, colors, sizes, fixtures, etc.