(Source: Journal of Accountancy, IRS Publication 925, Section 469 of the Internal Revenue Code)

I am getting really into code, building systems, job cost, etc.

As for the insurance situation, @Jaysen Medhurst is correct, that your insurance company will be concerned that you're using the property in a way that it wasn't technically intended, even if it's property setup for a three unit per building codes.

You can make the same or more in many different areas, often the more specialized the more appreciation potential. 

A specialized vendor could help in this situation. 

@Scott Mac you've got to know where to invest in Detroit to avoid getting taken advantage of or just plain making a big mistake.Detroit investing is block-by-block, which is difficult for OOS investors to do.Zip codes are statistically too big.That's why we've spent considerable resources ranking Detroit's 183 Neighborhoods. 

I need help with etiquette and what to do Agree, check your state's Landlord Tenant code. 

As a nationwide private money lender and broker, we specialize in a range of funding solutions for non-owner-occupied real estate investments.

Purchase price: $100,000 Sale price: $115,000 Purchased a 2 BR single family home in the 51106 zip code of Sioux City and wholesaled it to an investor that same week.

They specialize in getting paid on the backend after a home is sold.