.#2  Recession and downturn makes companies lean and cut out unnecessary fat (namely labor fat) and when oil prices increase, the profit margins will jump while operating expenses will be lower.  

If they have to they can make a way to find the additional rent increase by cutting their spending in unnecessary areas or find a way to make extra money on the side.

You can ask for bank statements over X number of months if you're set on giving their application full consideration.I'll always advise to not take chances when it's unnecessary.

That means I've got to do an awful lot of extra work to get my money and I do not have an Rx to cure my allergy to unnecessary work.As for an income problem?

In either case, the tax advantage of the account makes it unnecessary to depreciate the property over 27 years or more.Comparing post tax money in your pocket to pre-tax or tax-deferred money in your retirement plan is not comparing apples to apples.

-Will I be better able to write off expenses if I transfer both properties into an LLC, or is an LLC unnecessary from a tax perspective?

One less unnecessary item that can break or cause water damage.

So, here you go, the 6 ways to break into the apartment syndication biz: #1 Find an Off-Market Deal, then you can get into the biz by: …finding an off-market deal and bringing it to an experienced investor who can close on it.But wait, before you actually look for deals or bring it to an experienced investor, figure out WHO you should bring it to and qualify THEM to ensure you’re not doing unnecessary work.

What are some common unnecessary purchases first time investors find themselves making that veteran investors would likely advise against?

I TOTALLY know this is an unnecessary expense I'm putting on myself, but I only have to change them once.