A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

If taxes has been filed, just file form 3115 with your current year's return and calculate the appropriate 481(a) adjustment.

This is the benefit of retaining a GC with the appropriate insurance.

In my case, I have relatives who are builders (in a different state) but have good connections with subs, etc. and I am spending the time to personally review all proposals (obtaining some on my own as a check), etc. so that I am confident that the cost incurred is appropriate. 

And the reasons vary, but probably not an appropriate discussion on BP, lol.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

It's really very simple math - buy it low, rehab it appropriately to gain a higher value (ARV). 

If that's the case, most people would be better off putting your down payment into a CD paying 5.5% interest.But if you have a long term horizon, use leverage appropriately, get personal use out of it, and actually enjoy the business part of it, it's a great asset to buy.

I doubt they carry the appropriate insurance.There may be more reasons, but that should be enough.

I’m less concerned about the small items, and I focus on where big costs surprises can come up (new sewer lines, breaker upgrades, galvanized piping, etc) so I can re-trade my offer appropriately.