That's great if you got a home run deal, but the reality for your first one is to try and live for free, and then get better for HH #2, and then incrementally better for HH#3, as you progress in your investing career, you will be able to recognize those great deals, but it is much harder in the beginning since you have a huge learning curve. 

By not taking a partial disposition deduction, you would be missing out on potential tax benefits associated with recognizing the loss on the disposed roof component.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Philadelphia has long been recognized as one of the most difficult cities to engage in business. 

Some hard money lenders will do it for up to 3 years but would need a good down payment but recognize the rate would be double digitsBe interested to hear what others say

, we rarely need to evict, and one of the reasons for that (other than a consistent 21-point tenant screening process) is that once the tenant recognizes that you are serious and have a consistent process in place they respond in one way or another.One more thing - I suggest you don't accept partial payments, as this can delay the process as well.Feel free to reach out if you have additional questions or if I can assist in any way!

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project. 

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

HomeVestors has a powerful and well recognized brand in my market (Dallas) and we have a huge marketing-arm that allows us to get in front of very motivated sellers.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.