Nestled in the coveted Bird Streets above the Sunset Strip, it offers a mix of privacy and urban convenience.

Those in earthquake zones who INTENTIONALLY don't have the readily offered coverages for such, ARE THEIVES by NOT insuring with expectation of DEFRAUDING the rest of us to pay for there gamble. 

It’s a gamble, but just looking for ideas from more seasoned real estate minds.

In my opinion investors buy properties with break even or negative cash flow and hope for large appreciation are taking a gamble.

This will potentially allow me to pay no tax on the capital gain as I will be in a low enough tax bracket to pay 0 capital gain.Bottom line is they are very convenient, and simple but more restrictive and higher fees, resulting in a sub-optimal IRR.  

Gambling addiction,drug addiction, seems familiar.

Schedule C is needed ONLY if the owner provides significant services for the occupants' convenience, other than the space rental and to maintain the property.

So a realtor is a big gamble at that point. 

Purchase price: $40,000 Cash invested: $16,000 Conveniently out of the flood plains, this welcoming 3-bedroom home is features a huge master bedroom, refinished hardwood floors, spacious living and dining rooms, and a stunning kitchen!

I like that they have online electronic signatures and when you have 5-6 students on one lease it makes it more convenient to just email out the lease to each person for signature.