Investment Real Estate has been one of the greatest things I have ever done, I would say its an intense journey, there are a lot of ups and downs but it all can be overcome by surrounding yourself with the right people.

Cons: Cleveland City Council has taken an anti-STR position for a long time and is currently proposing more restrictions (as are other local municipalities), it's very seasonal, all the houses in Cleveland are 100 years old and thus work/cash-intensive to maintain to STR standards.PM me if you want to meet up and talk more! 

If you cost seg the 27.5 in to its shorter component you can bonus those, but they are no longer part of the house, and are more likely furniture and fixtures (personal property vs real property).I want you to take a look at this article because cost segs are a lot more intensive than people think.

Where I am going with this is that you might want to ask yourself if the hassles of acquiring a (potentially) management-intensive property so far from home are worth the time and the risk.

This works OK for relatively static and simple investments like a private placement or crowdfund, but can become rather cumbersome and expensive with a more time sensitive and transaction intensive asset such as a rental property.

It depends on the specific market....understand , there is a highly educated immigrant that brings the wages astronomically up and there's wage pressure in blue collar construction jobs from labour intensive immigrants as well.The result is the pressure on the 'American citizen' competitiveness is getting lower every day, unlike in their father's era.

I would guess at every restaurant her food goes back, She argues with customer service for 20 minutes over an expired coupon and calls the police on kids playing basketball too loud in the street.

I watched the Carlton Sheets infomercials with great intensity, wondering how much was really true.

I own a little over 100 units now and can say that I got out of anything that I had in that price range because it was pretty management intensive and you can find good tenants, but it just takes longer. 

Do you really want to acquire and operate a labor-intensive business merely for tax benefits?