When the tenant moves out and the funds are distributed either to the tenant or the landlord for damages, then the subaccount for that specific tenant has a zero balance and that subaccount is closed. 

Purchased a little too high at the buy (I knew it at the time too), does a little better than breaking even on cashflow, and took too long to rehab.

That said, Detroit is very much a block-by-block market, so understanding the dynamics of specific areas is critical.For professional investors (and even newer ones), Detroit’s future is bright if you approach it with the right strategy, solid due diligence, and an understanding of the challenges.

This is my first purchase, where my intent was to install recessed lighting all throughout the house.

refinance our own home with some money down + purchase another flip? 

But I purchased land in cash and leveraged it to build a new construction stick built home.

In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”Under MACRS, depreciable assets are assigned to different classes, with each class having a specific recovery period.

Want to acquire a self-car wash within Dallas Texas area. Was wondering if anyone knows a guy/girl that can't help me acquire sed property off market for a better price. Any information would be appreciated. 

(You said you could purchase them $20-$15,000 below market value. 

Specifically STR build to rent.