You will also have to deal with HVAC ductwork and other components.

You have to get a laser focus on both of these components to be successful in wholesaling.

Take advantage and understand all of these components.4.

I may actually revisit it since they have a cloud component now that solves problems I was coming into relating to portability and mobile integration.Anyway, let me give you an example that would go a long way to improving how managers interact with their clients.Any issue occurs with a property.

At your age by putting in the max every year, by the time your retiring you'll have a million dollars tax free.The second thing I would do is invest my Roth IRA in real estate in a self directed account.The third thing I would do would be to put the max amount in a 401K with a Roth component, again would be tax free and would invest in real estate. 

This comes directly from the IRS website and was the result of a court case:"For example, In Smith v Commissioner, 300 F 3d 1023 (9th Cir. 2002), the court concluded that the replacement of the aluminum smelting cell lining was a replacement of an essential component of the cell, extending the life of the cell and requiring capitalization."

I think I will be better off to perform separate inspections of each of the components, plumbing, electricity, structure ...in stead of home inspector touching everything ..I think the expert in one area would be better when it comes to kicking the tires on REO abandoned for 3yrs ...thanks!

Your approach of 1/useful life of each item is the best practice as long as there's a little inflation built into the replacement costs and some padding for unknowns.One of our standard due diligence items is an engineering inspection that includes estimates of the useful life remaining on building components.

Electrical updates are not cheap, nor are plumbing issues.Another aspect to consider is the insurance component.

I thought it might be helpful to someone: http://www.paccrestinspections.com/life.htmlIt's a list of components in a home, and the life expectancy for appliances, cabinetry and storage, concrete and masonry etc. there's even a price list.