It also gets treated differently in Texas vs CA vs AZ.

The capital loss would be calculated as the difference between your original investment amount and the amount you received back (in this case, 10% of your principal).

Would you take a different approach?

A detailed screening process and ongoing training can make a huge difference in performance.• Clear Guidelines & Performance Metrics:Defining clear expectations, call scripts, and performance benchmarks helps maintain consistency.

What difference would that make?

I considered sound proofing the ceiling of the unit below but I’m reading articles saying that it can be very pricey and it won’t make a major difference.

People had to move to used  or as we did had to open more services to match different box configurations.  

Does it make any difference that my wife’s mother which is the executive of the estate only owns 50% of the property we want to acquire?

If meaningful appreciation is on the horizon, its a different story.If you were to go the financing route, blanket loan may be your best bet through small local bank or alternative lender.

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in.