How do you prove Maybe any damage is the result of the last tenant, and it just happened to fail on the new tenant.How do you blame one tenant for the years of abuse accumulated by other tenants?

I envision accumulating rental properties on the side over the next 15-20yrs until retirement, but since active duty is often not in one place for more than 3yrs at a time, I am looking for someone to discuss the intimidations of "out of state" investing with. 

That Dividend Payment is then taxable to you on Schedule B of your return.You could also call it a Return of Capital, which would not be taxable, but this can then be problematic if you have accumulated losses or a current loss within the corporation. 

I'm finishing up The Millionaire Real Estate Investor - great book, so happy that so many of you have recommended it.I'm in the process of setting up an excel spreadsheet with which to track returns, both ROI and ROE along w debt paydown, cash flow, equity accumulation etc.Does anyone know if a version from his book already exists online that could be downloaded?

I have accumulated a few dozen addresses from driving around my local.

You are still going to have to replace:Oven, Fridge, Dishwasher, Microwave 3xDrywall 1xFloors 2xCountertops 1xWater heater(s) 2xPaint 4x Your repair budget should take care of most of the dents and nicks that will accumulate.

Have them come to you because of non-financial reasons, like:1 - Getting a job transfer to your property's area, and not sure if the one year contract will be extended once the project they were transferred there for will still exist.2 - Wanting to try out a house before they buy3 - Having approvable credit, but no down payment, so they LO to buy time to accumulate the DP.4 - Can't get credit approval because job is new.5 - ...and many more.

Initially, optimizing appreciation may seem counterintuitive, but property values will rise faster than you can accumulate income in a rapidly appreciating market.

If you are seeking out asset accumulation and equity appreciation over the long term then there are certainly fortunes to be made.

Since I began learning about investing, accumulating debt doesn't sound so scary because you're working with big numbers all the time, both in profit and in loans.But my questions is, if I went into debt, would that hurt my chances of getting a hard money loan?