If you're  a DIYer, to bring the average home into compliance with what I rattled off above will probably cost less than $500.  

I had my eyes set on real estate investing for 2 decades but never pulled the trigger, in part because I was too comfortable for too long. 

At some point you need to pull the trigger.

Sometimes it is even triggered by the dollar amount of the project. 

I don't front money for the lawyer or the taxes or deal with code compliance without owning the estate.  

Some people will tell you that you might trigger the Due on Sale Clause that most likely exists in your mortgage terms, but this hardly ever happens, especially following the steps I just outlined. 

Then you can start looking at potential properties and "window shopping" while learning to run the numbers under the guidance of a pro who can double check them, and then pull the trigger when you're finally ready.Hope this information helps.

IE scheduling showings, entering tenant payments and following up on past due accounts, research, data entry, contract compliance, etc.There are a lot of firms out there that can cater to a specific purpose.

The depreciation then remains unrecaptured and the deferred tax not triggered while the investor enjoys the income.

O&G Environmental Compliance for 10 years after college.