Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.

A huge wasted expense re-titling the property to a new LLC. 

The most I have ever used to buy a property is 10% down. 

Were you able to see that property? 

It seems if you are far away from this property then it might be a good idea to consider hiring the services of an experienced property manager who really could provide ongoing communication during the whole stay.  

That's not to say all properties will as it's very dependent on the property and the investors situation.

I’m currently in the pre-approval process to purchase a 2-4 unit multi-family property.

Can they prove how long it takes to rent a vacant property?

This is a terrible way to price a property.

This ties up the seller’s property with no real deal in sight.3.