A/C is a necessity, and so you will need to figure out a way to provide that much power economically.One caveat on seeing properties that appear to be occupied much of the time is that the owner may block certain dates because he's going out of town, letting family use it, etc.  

Real estate investment is quickly becoming a necessity to provide a secure retirement and pension plan for an entire generation.

Not to mention tax districts - though AL has some of the lowest property taxes in the nation, you still don't want to pay more than you have to.It may be that investing in another country is a necessity for you -  I don't know anything about the Israeli market.

Throughout those 4 years I have managed to freelance my way to helping with basic necessities such as gas, books, food, cell phone, insurance, car expenses etc, simply because I did not want to be a "crew member" of any job out there.

I was thinking about opening another bank account to collect rent and use this account only for rental necessities and/or saving up for the next rental.

If that happens, it will probably stimulate the economy.What I mean is it gives people a choice to re-invest or to buy a Luxury Yacht, or a new Mercedes AMG.On the political side they are probably doing it to increase the tax draw so they can have more money and control who gets it when it is distributed vs stimulating the economy.In reality the 1031 is a pain due to the rules, but it does allow faster accumulation of wealth than if you paid taxes on it.In many areas the basic necessity of food is sales tax free, they should make all income from the basic necessity of housing (real estate) tax free--like tips used to be.

Great to see this thread still kicking @Ryan Williams - way to throw yourself into the fire and raise your level of necessity.

College is almost what a high school degree used to be - a necessity if you are to be taken seriously in the business world.

(f) A tenant who elects to terminate the lease under Subsection (e) is: (2) entitled to deduct the tenant's security deposit from the tenant's rent without necessity of lawsuit or obtain a refund of the tenant's security deposit according to law; and § 92.0563.

------About 2 years ago, I renovated my rental home out of necessity.