Make sure you understand the difference between capital expenses that get depreciated over multiple years and regular expenses that get deducted immediately.

Follow up with sellers and buyers regularly to stay top-of-mind.By following these five rules, you can minimize most of the common challenges wholesalers face and set yourself up for success.

., formerly HHC) earning a base salary and overtime pay that are nearly identical to what you posted here.

That means that you can buy a house on the South side -- identical to one on the North side and in its doppleganger (save race) neighborhood -- for literally a $100,000 less than you can on the North side.

Good thing is they don't have rules about the interior remodeling (except the regular county permitting process).

The more time you spend on administrative tasks coordinating with multiple service providers, the less time you get to spend on managing your properties, finding new potential investments and increasing your financial returns.Tax strategies and property insurance are two areas that are highly customizable because no two portfolios are identical.

A nice but rental quality unit gets 1500-1650 regularly in that area depending on the size and finishes.

They are provided with contracts to use which are developed and vetted by real estate lawyers within each state and updated regularly to stay current with changing laws. 

For instance, how did the due diligence "come back as clean" and the "leases were solid" if the rent was not paid up to date and paid REGULARLY?  

@Jonathan CooperThe regular depreciation over 27.5 years will be prorated.