I left rent flat for three years, thinking I was keeping tenants happy.

Hi there,I'm trying to determine the best way to live in and eventually acquire a property as an inheritance while maximizing cost-effectiveness.

Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. 

What are your buy-in costs?  

Yet, by your own words you told the tenants that the heating cost would be “a bit” high.  

Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

Also with cost seg how it now affects the way I actually file on those two properties.

Yearly increasing costs will, in time, eat up any profit they have per unit.

Hello Everone .

I just bought a duplix for 281K in pensacola 2 months ago , Is it the norm to pay around $3200 on a policy ?
Thank you 

I’m using outsourced support at half the cost of $25 per hour!