Hey Erene, welcome to the BP community!

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

Owner/Occupants want function and style.Investors perhaps more numbers focused...probably want numbers to work day 1.Owner/Occupants....they'll stretch to make the numbers work....what can we cut to make our dream home work for us.Personally I don't think either thinks about exit strategies too much or maybe even not enough.I would say Owner/Occupants way way more focused on cosmetics and less about maintenance. 

In this market outlook report, we will take a look at the current and future outlook of cap rates and interest rates, the market fundamentals for the multifamily sector as a whole, the falling net deliveries and vacancies of multifamily units in the coming years in the D.C.

Another wildcard is that the tax office opened in The UAE a year ago.

I'm a 26 year old from Long Island hoping to acquire my first rental property by the end of the year.

If we price it for what the comps show, then they are typically coming out of pocket every month. 

The big advantage is having the capital gains spread out over many years to avoid a huge tax bill.

And you have taken the extra 150 hours required for the broker's license? 

I will pay the money if I can do 1 or 2 deals in the next 4 months.