Demolition and Property Safety:If a home doesn't meet safety standards after a tornado, the process for demolition typically falls under local government jurisdiction.

If you invite the government into your business, you get the good and the bad.2) In my experience,(and I may get some hate mail for this) the average section 8 resident is harder on the property. 

I currently work in the Information Technology sector as a programmer analyst and am looking to start this exciting adventure toward financial independence using real estate as the vehicle.  

The most cost effective and safe investment you can make to cover your 50K debt and still use the same 20K capital to increase the value of your holdings is invest in short term fx government treasury swaps.

My friend suggested for me to try owner financing then to rent it out or turn it into government assistance housing.

This is because Mortgage backed securities are in direct competition with investors looking for "safer" investments backed by the full faith of the United States Government. 

Not sure if this is the case in all provinces because Catalunya, especially the Barcelona city government, is quite left and making it difficult for investors. 

There's been significant growth in the last 3-5 years, with booming business and real estate sectors.

As long as you stay under four units, you're not governed by the Fair Housing Act, which has some accessibility requirements.

Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.