@Mike DymskiMarket rent for lets say a 2 bed 1 bath is 750$.There is quite a bit of rent growth on this particular asset as well, which I like.It consists of 1 beds, 2 beds, and 3 beds.

I'd say a solid 3-4 months of door knocking each day.

Lots here will say a single home is easy to manage, you should do it and yes, in most cases I would agree assuming a good area, good house and you get a good tenant. 

I have wrestled with this question since I started in real estate and what I am about to say a lot of people will not like to hear.When I first got into the business I said ten units ideally single-family homes that net me $1,000 per month each so I can make $120,000 per year.Over time, I forgot about this goal and started to focus more on the niche that I wanted to grow into and focused on scalability and profit.

Let's say a rental property gets 12k in rental income, passive.Cost seg gets 50k, resulting in passive activity loss of around 38k.The amount of passive losses carries from the Sch E to the 8582 to determine the loss allowed.In this case I assume no other passive activities and no active participation exception.In this case the amount paid for the cost seg is worthless and may be for several years, especially considering rent may stay stable while other expenses have not been accounted for which add to the depreciation carryforward and add to the chance of limitation (in this very over simplified example).No losses are allowed on Schedule E, which flows to Schedule 1, to the front page of the 1040.Again, just a simple demonstration of the flow of the return.

If so, did you ask for and receive an explanation for their right to have built the lift there, say a copy of or the recording information for the easement?

The secret service has issued an advisory for this. 52 billion in fraud reversed, and it’s getting by realtors, title companies, and attorneys.I know it’s easy to say “a good realtor will catch this” or a “seasoned one will” but I can’t imagine all of these professionals are not “good” or “seasoned” and still being conned.

But we will talk to our team and see what they say as well. and the FICO score is strong. 

Of course now a days many say a home is a liability but depends on where you live I happened to buy mine in Silicon Valley and that one move was very timely and turned out to be financially rewarding. 

Texture can be tough to match but not matching at all or it looks bad in different times of the day is unfortunatly as we say a patch is a patch but an ugly patch is one that needs more work!