Now I'm not afraid to fail because I know I will learn what not to do.

But you brush that off and take it as a learning experience of what not to do moving forward.

I think it is better to invest in a larger markets where you have the ability to bounce around the suburbs and what not. 

What to do, what not to do.

He had explained to them that due to the markets and what not, he was doing his best to lose them less than 3% of their portfolio.

I can also give you some pointers on what NOT to do!

I realize me doing it in accounting is my own prerogative, but I want to do it in the way that taxes require it for the ease of doing taxes.I do have a few things I do that lets me see individual property metrics so I know if one is underperforming and whatnot, I'm just really asking about accounting and tax filings.

Like you've all said, you have to choose the place based off taxes and what not.

You learn what NOT to do, how NOT to act, and how to get healthy (in your real estate business!)

I spoke with one of the CSRs and she said that if I had a couple hundred to mail at once (only happened on mondays so I never persued this) to check with the chamber of commerce and for a fee you can use their machine and whatnot without having to pay all the set up fees.