Natalie - would you be able to provide color as to why the audits of DIY cost segregation studies were not allowed under IRS audit?  

@Joe Villeneuve @Theresa Harris, thanks a lot for taking the time and provide some info/ideas/suggestionsTo give you some color for these properties, there is a 15 years-plan that my wife and I are planning to have arround 5 to 7 properties in the same $$$ range (-+ $200K) that we can rent them around $1600-$1800I believe after 10 yrs, I am expecting to a better cash flow considering some loans will be paid in full, but maybe the next properties will have as you suggest 30 year-loan. 

Sounds like an easily executable deal from what you've stated but likely need more color to offer path forward, terms, etc.

You need to watch the game, not watch the players, theatrics and colors.

Are they familiar with what they should do for colors, amenities, etc?

Color also plays an important role in this area.

I'll admit upfront that I would never own rental property in CA, so that colors my response.I'd offer the tenant up to $10K to leave immediately, keeping the eviction off their record, then sell.

Lilia’s breakdown of what to consider before investing is something I wish I’d read when I started.To add some color, I had a client a few years ago who purchased a duplex in Austin with a plan to hold for 12+ years.

Just different colors etc....He initially listed his for $505,000.There are comps in the area that justify the 495-500K.

The algorithm likes bright/colorful photos.