I purchased land and built a place in Las Galeras, Samana which is an up and coming spot on the Northwest coast. 

After 6 months my goal is to start looking and purchase my first LTR or MTR property (3-4 multiunit or duplex) I am located in South Elgin, IL about an hour west of Chicago.

Being able to use the depreciation or accelerating the depreciation as much as possible also helps especially before the end of this tax year.Thank you for this detailed description of how to qualify and I have helped investors use this strategy in Michigan in college towns and along the coasts so I know there is interest.To your success! 

I’m not sure where you’re located but I’m located out west of the city in the Elgin area.

The 19134 zip code and other parts of North and West Philly offer properties at very affordable prices, but may have more challenges with tenant quality and vacancy rates.

I took over an hour, on a Sunday,to click a suspicious link in order to look over your property, to learn a little bit more about the West Chicago sub-market, to analyze a deal for a stranger; and to present a rough algorithm for how to analyze the numbers of a deal so that a general process could extrapolated for the next property you consider.

My brokerage has been tracking the data from the West Penn MLS for the past 2 years, and I would like to share some of the highlights so that we all have some hard facts to lean on when answering this question.

@Kerron HendricksonWhen looking in the cleveland market I would recommend being in areas on the West Side of Cleveland like West Blvd, Cudell, Old Brooklyn, Clark Fulton, Edgewater, Jefferson, and Brooklyn Centre.

Susan your cardinal points are off a little  39209 is WEST Jackson and your correct that is the worst part of town. 

we also have free visits (my thought is partner will likely use it more (offers have been to Emerald coast and they live in Minnesota and I live in San Diego - who do you think will visit it more?)