I am currently working on getting my Home staging certification as well.

Two uniformed "resource officers" at each one who are also responsible to cover the middle and elementary schools in an emergency as well.

At my current stage and concern about the U.S economy and future, I'm looking to preserve and protect what I have and incur little risk of huge loss.

It takes time to learn all of these things, and since you likely have an idea about a lot of them, it makes the early stages of investing much easier. 2. what priority shud one consider in knowing their area?

We don't allocate a specific percentage to repairs and CAPEX - just make sure that we have an adequate amount of liquidity at all times.In the future, when there are more properties, we will break things out more, but at this stage of the game (2 properties, 3 units total) it seems like overkill.

Hello All,I am the beginning stages of purchasing my first commercial/residential unit.

The inspection timelines are basic elementary tasks.

Diversity is important, so in my particular case, I tend to aim for keeping app 70% of my portfolio in better areas/properties, to ensure a steady and reasonable flow of income, and get more "adventurous" with the other 30% (blue collar/industrial areas), which allows me to make bigger leaps and bounds when things go well, and doesn't hurt me too badly when those tougher tenants turn up (and they always do at some stage :)), since I've got a good base to cover those vacancies when they occur.

Qualified education expenses include room and board in the following situations:Room and board expenses incurred by students who are enrolled at least half-time at a qualified educational institution are qualified education expenses for:Education savings account (ESA or Coverdell) distributions Qualified tuition program (QTP or 529) distributions Student loan interest deduction Early IRA distributions These expenses cannot be greater than the allowance for room and board determined by the school or the actual amount charged for the institutional-owned housing.In addition, room and board for an elementary or secondary school may be included as a qualified education expense for an ESA distribution.

I have been countered, but usually at 87% at the investor stage.