He is responsible for the documentation, which includes a letter from the IRS, and he administrates everything for us including periodic paperwork updates.

Many of the people here on BP unfortunately do not understand how to evaluate risk - because if they did they would not be doing a lot of these creative finance deals we are seeing that include having to borrow for the down payment because they have zero liquidity.

I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing.

For example, if you must make repairs after a tenant moves out, you still depreciate the rental property during the time it isn’t available for rent.Vacant rental propertyIf you hold property for rental purposes, you may be able to deduct your ordinary and necessary expenses (including depreciation) for managing, conserving, or maintaining the property while the property is vacant.

I invest in a wide variety of assets, but my on-market team does mostly residential, including multis, and we do commercial, just not commercial leasing so you can hybridize it.

If you cannot advertise the home with the increased number of "bedrooms" maybe you could list the property with the number of "rooms" to include the sizes. 

This saves time and hassle for everyone involved, including your realtor.

Establish your investing criteria and objectives, including your risk tolerance, financial objectives, target communities, and property type.

A strong financial strategy is necessary, and it should include a budget for moving costs, property acquisition costs, renovations, and any vacancies.

Despite mortgage rates being double what they were two years ago, the overall borrowing environment remains favorable for state and local entities.Key initiatives driving this surge include efforts by entities like the Michigan State Housing Development Authority, which recently launched a $425 million bond sale aimed at providing affordable mortgages to over 2,700 families.