For example, a property in San Diego may lose $500 per month ($6,000 per year) but gain $60,000 per year in value, making it worthwhile to "lose" money each month in exchange for long-term gains.I recommend you start with BiggerPockets Ultimate Beginners Guide (free).

There are clear winners in types of photos that should be included in your listing, along with examples of listings I believe achieve this.

Bonus, Overtime, and Commission income all typically need a 2 year average either at the same job or in the same line of work.

Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.

Typically I see it on anything over 5 acres. 

the midwest has lower price points than other areas of the US, sure, but it also comes with its own challenges - for example, very old housing stock, lots of deferred maintenance, and tremendous demand for the best properties."

Whats a typical multiple for such asset?

There are other ways to determine rental amounts like researching in zillow and/or rentometer, which I typically reference.

It'll be easier to start with a turn-key property, but if you have a good contracting team, a value add will typically offer better returns. 

The IRS views it as taxable income because it’s not being used for the purpose of deferring taxes under the 1031 rules.For example, if you sell a property and only use part of the proceeds for the next investment, the leftover amount (after paying transaction costs, etc.) is taxed.