Some people seem to get locked in to one place they find, or a place a friend or family member is selling without really evaluating the available market.In a small town in East Texas I would think your biggest risk is a big player coming to town that can absolutely crush a smaller player. 

Then I'd start by saving up, so you can buy your own house and rent out rooms in the house (or buy a place with a suite).Talk to your parents about what their goals are with the properties, what they like and what they don't like.

Public forms are not the best place for asking legal questions since it's rare to find a unified accurate answer, so hopefully the video helps. 

Depreciation begins when the property is placed in service (available for rent).

Hey ladies and gents! I don't know how many of my Wisconsin people this will reach but I'm thinking of investing in the Sheboygan area this spring. I don't know much about it besides there's a plethora of churches, ba...

Maybe some easy refreshing of the mortar but I would also plan on digging down for better waterproofing.Now, no way I would build a tiny little place on that lot.

Left the place destroyed and broke a chair.

Hey @Kimberley Sewell, I have never used it but they definitely focus on the revenue instead of the home price.For example, on the main page, there is a place that showed up for me in PA for $397k.

I believe some do own a 2nd place near Los Angeles but a fairly small percentage.  

Hi Alex, I believe there is a Pittsburgh group that meets regularly but I would love to attend another gathering as long as time/place works.