But others investors with different risk tolerances, goals and financial situations invest in the platform.2) I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

Are they in distress, relocating, or simply tired of the property?

And the hardest part of all this is finding sufficient labor to rehab/manage the property. 

If you're in a high-cost area, consider out-of-state markets where you could buy a rental property outright. 

For example the HA will inspect the property every year to make sure it is up to standards. 

The reality is that imposing expensive and time-consuming sprinkler installation requirements will drive property owners to either scale back necessary renovations or avoid permits altogether.Currently, when owners propose substantial renovations, they are often informed that their projects will require sprinkler systems, which can cost around $45,000 for a typical three-decker.

The series is a link for plaintiff attorneys to look up every property in the series.

You'd do one schedule E with a business use percentage of 3,300/4,000 or 83% You'd set up depreciation with the full amount of basis, and set business use to 83% The reason two Schedule E may be helpful down the road is if you plan to sell the property. 

@Juan PerezCongratulations on paying off your first home and transitioning it into an investment property!

I realized I have deep experience as a renter... across multiple markets, city councils, market classes, and building types (I'll list below) over 3 decades and 9 properties.