The energy many people have here throughout BP is infectious! 

I’ve tried using CL and apartments.com but that’s a lengthy process to investigate just the rental averages, let alone the rest.How do those who analyze markets often do this quickly, or better said, efficiently.

I prefer the single zone units cause they’re more efficient and then if one goes down they don’t all go down but that’s personal preference. 

That is especially true with the tax law change that went into effect this year; the standard deduction nearly doubled, so the taxes you save by itemizing might be much less than they were in the past (in other words, because you are getting a larger benefit through the larger standard deduction the "cost" of not having the mortgage interest deduction might be less).I can see an argument for there being better uses for your money than to pay off a mortgage with a 5.5% interest rate (if you can make an investment that pays at least 6% for example), but if your quality of life will improve because you paid off your debt and are now "financially independent" then that is what you should do.

Great story, keep your expenses in line, improve the property, keep it occupied and you're all set!

I just spent $1,000 trying to repair a high-efficiency furnace only to learn the problem was caused by a clogged ventilation pipe.

We have targeted B+ properties anywhere from 20 units and up and are looking to add value through expense efficiencies and minor rehab.We have all the pieces in place minus the investors.

Not only that, but it all my coworkers hate their job as well so it is a continuous cesspool of negative energy.

@Johnny Corbett Generally the cash flow from multi family properties will allow for a greater return simply because of the efficiency and costs associated with purchasing say a duplex vs a sfr (obvious variables simplified).

HOA fee - If HOA fees are not paid, business will incur fines, so it is necessary to make the profit in the business.8) Marketing expense and advertising9) Cleaning and maintenance10)Commission (Expenses like commission, abstract fees, recording fees to obtain your mortgage are not deductible but rather capitalized )11) Insurance12)Legal and other professional fees(Tax preparation for business, not personal part)13)Management fee if applicable14) Points- you generally cannot deduct the full amount the first year but have to deduct them over the term of the loan.15) Repairs (Note always do repairs rather than improvements to rental because repairs are deductible right away and do not have to depreciate over few years as done for improvements.