That is neither a good thing or a bad thing, it is merely a fact.

My wife and I closed on our first investment property this past October, a mere few weeks before interest rates hit that dreaded 7% number.

This is more fun than flipping / wholesaling houses, because I HAVE BUYERS RIGHT THIS SECOND, which is TOTALLY different from BEGGING someone to buy the house that I had under contract and working for MONTHS for a mere referral fee $1000.00!! 

You did not write the tax code, you merely adhere to it.  

because I don't come at you with mere opinion, I come at you with DATA numbers proof, logic.Want even more proof?

I will help you get your SEO in order if you just follow my direction.Look at my Time on Page...here are a few of the better performing pages...Let me guess.. your time on page is a merely 15 seconds.. right?

We represent a mere 0.5% of the housing inventory.

You may want to check out our website, www.LogicalPM.com, because unlike our competitors who MERELY state what they can do for you, we provide an outline of how we execute each of the services we provide!

This property is 365 ( i am merely looking at this as a test to get numbers for the area) the average rent in Raleigh is 1600.

Much of the work you cite could be repairs.Also, for even some small improvements there are some safe harbors on the depreciation (so you don't have to track lower dollar value items), and the issue is complex (for example, the IRS recently helped explained the regulations with a mere 222 pages!)....