While we have not yet secured our first property, we have spent the last year+ educating ourselves, networking, driving for dollars, and substantially reducing our debt load.  

You are given about a week or 2 to become familiar with the software and then you get a 1:1 call with Peter Harris for a strategy session to figure out how he is going to be able to help you in your individual situation.

@Jeremy SandersPrivate money is money from any individual that is not hard money, bank money, institutional money, etc.

I have access to the Recorder of Deeds records and Tax Assessor's records and I would be glad to help if you need any information on individual properties.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

The highest values are going to be found in having these units all broken up so they can sell individually - exit plan.

., COGS LABOR and COGS MATERIALS) and post individual journal entries to assign each transaction a Class (which is a lot of work), I will lose all the detail I’ve been accumulating in Inventory up until the sale. 

Fundamentally the point I was trying to get across in my original post wasn’t about my due diligence, its that the cost of known and unknown repairs when you first acquire a REI is way higher than people seem to anticipate.The way my tax person explained it is the 25K limit you’re talking about is the limit to losses you can claim per property per year, I haven’t hit that for any property individually so it works out.

So keeping rents artifically low not only harms the individual renter, but also society as a whole.

I'm no SEO expert, and I don't pretend to be, but I've picked up and used a lot of valuable information from them in the group and have seen substantial growths in my sites from the information received from these guys.