I'd classify the specific area we are in as somewhere in the C class.

We owned the property a little over sic years.

I know on flips it is considered traditional income due to being classified as a dealer (someone who buys for the profit of the sale) and not an investor (someone who buys for the profit from rental or other forms of income) but what if you bought and renovated a property and held it for one or two 12-month leases?

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Some I would easily classify as Ds, in fact.

I believe its classified as R2 since its 6 units.Any help or guidance is welcome!

If you are just starting out and have very limited capital you can post ads on free classifieds websites (craigslist, backpage.com, etc) to find buyers.

Actually, Stuart the saying is actually <<Μία χελιδὼν ἔαρ οὐ ποιεῖ>> and it's a lot older than the country your [sic] sitting in, too.My people wrote it when your people were worshiping the grass snake and drinking each other's blood out of skull cups.

I just went down half a list in classifieds under houses for rent.

I would probably classify it as a low B / high C property.