I think between the semi large companies that exist hear and the norarity sookane has gotten as of late from various widely recognized magazines as top places to live that’s still affordable is attractive to residence. 

Does anyone know if the VA recognizes this as a separate house or would they consider this a 3 unit property.

IRS recognizes that plenty of people run home businesses now and this is not the red flag it used to be. 

I recognized when reviewing the performance on one of my rentals that I may be overly insuring my property. 

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

- do steps to develop need to be taken in order for this loss to be recognized?

We should have recognized the early signs, one of which was rental coming in later and later in the month.  

I get the rationality somewhat but I typically only see that when the person doesn't value their time or recognize their limitations. 

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

There are opportunities everywhere, you just have to be ready when one comes so you can recognize it and jump on it.