You deserved two of them for your AL stand-up routine. 

Mystery and fear intermingle into the minds of investors when it comes to properties that are distressed.

That can be a draw back if the market is on a mad run up tho.Also, I would always have enough in a heloc to cover your 401k loan in the event of job loss or if you quit your job. 

I got scammed into buying an LLC the company scared me, and I regretted it and ended up going the insurance route.  

And keep in  mind the Indians used to burn this stuff hundreds of years ago as well

Build up job skills, build up savings, and increase your W2 income.

Quote from @Kedric Naylor: Quote from @Lateefah Mathews: @Kedric Naylor Congrats on closing your first property and being lined up for your second...that’s huge!

When I think of Blythe, CA travel centers, gas stations and fast food chains come to mind. 

Your question has been debated between BP tax experts both privately and publicly, for example here: https://www.biggerpockets.com/forums/51/topics/819991-expens...And we ended up where we started: no consensus and no clarity.There have also been court decisions that support my interpretation, even though I personally find these court decisions debatable.

I wouldn't mind jumping a quick call for questions or if you simply want a demo of how I have it set up and how easy its been!