When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.

Can't say what's hardest, too many moving parts but take care of your tenants and build that goodwill, pays off in spades.

Even with full coverage insurance you will not receive enough money to actually rebuild your home to today's building codes.  

Until you build trust with a team or contact you should view every property esp a MF that is a larger investment.

Personally, my favorite way of sourcing deals is building relationships with brokers and nurturing those relationships by checking in consistently.

The chlorine goes into the water and the sodium builds up on the titanium plates which is why the cartridge eventually has to be replaced.These systems don’t actually measure how much chlorine is in the water or how much is needed.  

Let me know if you're still interested in this build!

One possibility is building a duplex in Peoria, while it's not the best rental market, getting a duplex at a possibly much cheaper price than market value is extremely appealing.

As a VA, you’d want to build on that by getting familiar with tools that real estate professionals use.

Glad you're building your business while still active duty, that's a powerful move!