You can write off the  property tax (up to salt limit) and interest on a primary property.

Much easier to when you start with people who understand the question.One way a friend does this (not USA based) is to set up joint ventures.

I also invest out of state.The concerns you bring up are valid.

Call them and ask to talk to someone as you are looking to buy and set up a relationship.

Home prices have edged up a bit, thanks to steady interest from buyers who love the lifestyle and amenities our region has to offer.

We can’t have housing prices double and rents up in kind.

Each note we purchase is in a separate series, hence only a single asset make up a specific series, and there is no cross liability.  

I’ve visited every other property I’ve considered in the past, so this is uncharted territory for me, and it feels a little out of my comfort zone.I’m considering putting it under contract sight unseen to lock it up, but I don’t want to make a rookie mistake here.I'm looking for some advice here.

My portfolio consist of duplexes and single family homes, and one STR, however this will be my first renovation other than minor touch ups. 

How you came up with those percentages, you really didn't say.