Additionally, it can help maximize renovations and improvements.38.36% of the total depreciable basis was classified as 5-year class life.

The agent we recommend is Tom Hernandez - he does a great job - just shoot me a message if you need his contact info.

It was odd for them as I has long term jobs os a seafere working for overseas companies (I'm not a US citizen) they didn't know how to deal with it, it took too long and then I could find a property that worked. 

On top of that I love how they say keep your job and do real estate well in my eyes the best way to juggle that is with LTRs if I were to get in to the STRs I’ll just buy a Hilton and quit my job…… easier said then done.

Good job!

Between a demanding FT job (that I enjoy,) a wife who also works FT, and two young children, I have no real desire to "all in" to real estate as a FT career at this point in my life.

I will try my best to get the job done.

I have 9ft ceilings, but adding a whole new framing and moving trimouts would be a much bigger job.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

You'll probably pay fees and it'll be tougher to find a bank that would be willing to pull cash out for reasons other than direct improvements to the property.