An exception in the IRA world is if leverage such as a mortgage is used, in which case a small tax applies to the percentage of the income attributable to the non-IRA (borrowed) money. 

It's not about the property, as much as the attributes you can add to it in renovation.

Mike, what type of screening questions do you use to get a great tenant and what other attributes do you look for?

Hi BP Community -I'm starting to build out my real estate team and currently looking for a RE Tax Accountant, however, I am not too familiar with how to distinguish what to look for in them. Are there any guides or ju...

If debt-financed real estate is acquired via an IRA, any income attributable to such investment will generally be subject to unrelated debt finance income tax.5.

So, after 10 years of entrepreneurship, I attribute the vast majority of all success to reading. 

Tactical patience is a great strategy or key attribute for the savvy investor.

Also, one of the most important attributes of an investment for me is passive cash flow.

Is it directly attributed to the number of stays?

Which is interesting that in the '08 the market in Des Moines didn't tank, it really just dipped, much different than many of the other areas of the country.Also, here are many reports that are giving Des Moines the title of Best places to Live for various reasons.https://www.desmoinesregister.com/story/news/2019/04/11/rankings-des-moines-fifth-best-place-live-america-us-news-world-report-city-quality-of-life-moving/3434737002/https://realestate.usnews.com/places/iowa/des-moineshttps://livability.com/best-places/top-100-best-places-to-live/2019/ia/des-moinesThat being said, depending on your goals, you will want to look in different neighborhoods around Des Moines that have different attributes and different classes of tenants.Good luck and if you want a second/third opinion on the Des Moines area feel free to message me!