I'm sure is current and usual practice and I m just trying to understand the underlying reasons that would push not to disclose some information, not to enable potential buyers to assess the property properly etc...Thanks in advanceBest

But why not form a partnership that enables you to wholesale your own deals and split the profits 50-50?

Depreciation is the natural aging your home is allowed to endure, basically the standard calculation of wear and tear that enables you to deduct from your tax liability.

i know a 30 year note would kill me in interest but the margin between my rental and debt service would enable me to amass more properties with the cash flow im generating...

Recently an interesting opportunity arose that could enable me to bid adieu to the desk job and enter the real estate field full time.The business mainly features gutting and rehabbing row homes for immediate resale in Baltimore, MD.

Especially since you don't pay commissions as a buyer, and as a seller, you could avoid commissions by selling it by owner, if the market enabled.

Without giving away too much of what is an ongoing process of discovery, this gave me greater clarity  - could I keep the property filled at the right price that enabled the investment to pay for itself?

We've established a 10 year plan that should enable us to have acquired enough properties to be financially independent enough to where we can travel the world!  

Being in the management business for almost 15 years now, one of the greatest lessons I have learned is that you as a manager or owner can allow/enable a distressed tenant to dig themselves a hole too deep for them to climb out of...regardless of their best intentions.  

My opinion of what the unit needs may be much different than how they may perceive what it needs and what they feel it needs may turn out to be far less expensive.If I can't work out a feasible deal with current tenants to enable me to get in and do work needed, I think I will probably wait for then to vacate naturally, I don't want to force them out when they are actually paying rent.