If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.

@Alba Cheung if this attorney doesn't complete the eviction look at the dockets and see what attorneys commonly handle evictions in you area.

This could be a game-changer for many investors in Los Angeles and California.

This one came from Massachusetts, a state where the eviction laws are not in the landlord's favor.

Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost Seg. 

If they work and the risk level is something you are comfortable with, go for it.

I think I answer this question once a month. google Huntsville Alabama and overbuilt and you'll get your answers 

This factoring includes the presence of competent contractors who can limit unforeseen surprises and costs.Myth 2: They're Too Risky to Invest InThere is risk in any investment; however, distressed properties are not inherently riskier than any other real estate investment.

I would want them to know what's going on and to LISTEN to what their frame of mind is.

I've done three flips in Denver, where I live.