That is done via placing the highest quality tenant possible, keeping issues to absolute minimum, keeping maintenance and service calls to minimum, because to make it work properties have to operate on cruise-control.

This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.

As far as financing, if you have real CF then it shouldn't be an issue.

I also just found out that there's foundation issues because of the leak and was quoted roughly $35,000.

If a guest refuses to leave, you will issue a formal notice to vacate and may need to pursue legal action if necessary.

Bandon - The home of Bandon Dunes Golf Course, when you can find a property eligible for a VRD license it can come with a price tag.

Very state dependent on this issue.

Also, keep in mind that if you do self manage, you do put yourself at more risk for a legal issues.

I bought the book also & the link leading me to Biggerpockets does not work either & gives me the same error!

If it's rehabbed nicely, then you will no issues finding a tenant.