The adjusted basis is equal to original cost + improvements - Depreciation taken on your return.You can look at your prior year tax returns to see how much basis was taken.See Schedule E - Line 18 - Depreciation Expense or Depletion>You may be able to exclude all/portion of the sale of the house if you lived in the house for 2 out of the last 5 years.I had to spend a few months fixing up the house before I sold it.

. - Rates go down, you refinance and harvest the cashflow improvement.

@David Niles Do you think the Tesla Factory will improve the Hopkins/SP area eventually?

IMO, the class is much more about passing the test than it is about practical real estate success.

The only luck, if any, that exists in business is bad luck, all else depends on strict business practices......proper and thorough screening.

It is an amazing vehicle to improve your financial situation if you’re willing to put in the hard work and put yourself out there!

Any suggestions to improve the future videos I'd love to hear them. 

It's not that western cultural norms are better or anything like that, but there's about a 99.99% chance that your rental property was built from the ground up to assume western cultural norms would be practiced by residents. 

They told me nothing but the guy was a youngish doctor and he was having trouble getting a practice established but had been offered a teaching position at a medical school back east.

Thanks for the brilliant and practical way to get the best of both worlds!