You are also able to add back your deductions for mortgage interest, hazard insurance, HOA dues and property taxes.

Crimes reported doesn't necessarily translate to safety or bad investment.

When done improperly, as so many people do, an LLC is just a "security blanket"; it gives you the illusion of safety and little else.

Now, since as much as 7 out of 10 businesses fail these days; I am not sure how secure starting one's own business is either without a huge safety net.There's no guarantee that REI, self-employment or W2 workers will always be safe and sound.

If a landlord wants to do this on the up-and-up, I don't have a problem with it either way, but I would hazard a guess that 95% of all arbitrage is done against the lease and the landlord's wishes, because I've personally never seen a professional lease that permits subletting.

You appear to have found a property that doesn’t require property tax payments, title, hazard, or fire insurance, and a closing attorney or title and escrow that works for free on both the purchase and sale side.

I would consider Mexico since I can speak and read enough Spanish to get around (not fluent) but I don't know anyone there and I have some concerns about public safety.

The ground wire from the electrical box got loose and came in contact with the water pipe to the house so it was a hazardous situation.

Our approach for implementation is to break all repairs into 4 categories by priority:1) Health & Safety - most important as could result in tenant lawsuit2) Property Preservation & Government Requirements - don't ignore a roof leak that costs hundreds to fix now, but will costs thousands in the future.

An engineer can help ensure that the conversion meets all current building codes and safety standards for residential living spaces.4.