I have looked at the numbers and examined those scenarios.

No one really knows unless they examine his returns. 

I'm examining some recent deals in my target area to get a sense of the market.

We cannot create a tax loss based on OP's facts (except if prorated mortgage interest plus prorated taxes exceed gross rental income).You may want to examine IRC Sec 280A(c)(5) and the related court cases in detail.

Hi, is the real estate exam in Illinois hard?

The 10 years it took me to get back to where I was forced me to examine my own role in that failure, own it, vow not to do it again, and learn how to do things the right way (i.e. the "making money" way). 4.

And if you are not traveling to examine properties yourself, you will need a good quality real estate agent to help you find deals and secure what you are looking for.Lastly , the most important for last – you need to find funding.

It might take a little more on your end to coordinate during the projects but finding the best PM long-term is more important than them managing the renovation.Hire Local Inspectors:  If you cannot make it out the property then you must hire a local inspector to examine the property on your behalf. 

I bought a 12 unit two years ago, had it inspected and examined the financials and leases.

Examining highway expansion plans it appears the highway dept will need most or all of my small MHP (15) lots, all with park owned homes.