We bought our first two houses as light fixers in desirable areas, as defined by the base Housing Office and at an E-5 O-1-2 housing allowance, that we could improve over the years of our tour.  

Simple formula to put into the Excel (actually Google Sheets but who's keeping track) but I'm not sure how to capture additional contributions I make that aren't captured in the Schedule E; things like extra mortgage payments and capital expenditures that have to get depreciated over time but that I paid for up front out of my cash reserves. 

We also have all the e-buyers in our market who are actively buying so competition is fierce. 

It cost me roughly $2300 for 11 dual pane windows (low-e) of various sizes (not including a sliding glass door).

The strip between Poplar and Union from E Parkway to downtown is a HUGE area seeing a ton of growth since the effects of the recession started to well, recede. 

@Eric E. did you go through with the sub to deal?

According the terms of the lease, he is in default such that I  COULD immediately lock the doors today and all FF&E becomes my property.

Originally posted by @Randy E.

Or, does the IRS require me to put the business portion of the interest and taxes in Schedule E?

Memphis/Little Rock), it is common to have a carport instead of a garageD) Year Built: Post 1940s (ideally, but for example my duplex in Indy is 1905, so its also case by case)E) Cash on Cash: 12% or higherF) Rehab including updates to CapEx items 5 years life or less (Water Heater, HVAC, etc.) 10 years life or less (roof)G) Rent to Value Ratio: At least 1% or higher, ideally 1.30% or higher (this is generally a buffer to protect me when the market corrects in the near future)I highly recommend you really invest the couple hundred bucks to fly out there cheap/stay at an airbnb couple days and check out the different providers and their quality of rehabs, as well as see the neighborhoods for yourself.