Positives are proximity, low property taxes, no income taxes, no weather events, very low maintenance stucco/tile structures, “young” properties (5-20 years old) 

I do like the tax benefits and leverage.

We’re really best suited for those high income earners out there with strong investment experience and cash positions to literally take the reigns and create a strong cash flow product and tax write off for them with minimal time spent on their part.

I have two HML that are years past due (250k each).

I would advise anyone seriously considering buying a laundromat to bring in a technician to do due diligence with you.

These logs regularly end up in the Tax Court and are usually destroyed upon review.

My advice would be to drown out the noise you hear from others with positivity and thorough due diligence.

Work with a lot of expats and foreign nationals in this space tax related.

@Daniel Tanasa $1905 per month (mortgage +interest) , taxes (around 3600 per year) and insurance (1500 per year) => so 2330$ is my PITI

Working with Real Estate ProfessionalsLocal Real Estate Agent: Choose an agent experienced in student housing.Property Management Services: Consider hiring a property manager if you’re not local.Inspection and Appraisal: Conduct thorough due diligence to avoid costly repairs.6.