He can't loan you any part of the 3.5% down and you can get seller contributions to cover closing costs, etc.Just food for thought...

Key: cleanliness, keeping food contained and not leaving pet food out, exclusion (blocking holes where rodents can enter), keeping vegetation away from the building.If it becomes a serious problem or infestation, then call in the pros.

If the water would have came back bad we were prepared to replace the pipe but was told this repair would be around $8K. 

I'm much better prepared for the future.Thanks again Chris!

I'd share that if I did, I'd be prepared to pay them to vacate.

The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.

You just buy as many as you can and then figure it out, there is no way to prepare, you just deal with it.

How can I best prepare for managing two rental properties, including handling maintenance, vacancies, and tenants?

Probably not, but food for thought.

As a former planning commissioner the people AGAINST projects are the loudest so you want to make sure you have a good pulse on what your neighbors and the louder people at public hearings stand so you can be prepared ahead of time.