Sec. 301.7508A-1(d)(1), the term “Affected Taxpayers” generally includes parties that may have difficulty meeting the 45-day identification or 180-day exchange deadlines for any of the following reasons: The relinquished property or the replacement property is located in Presidentially declared disaster area;A party to your transaction has their principal place of business located in a Presidentially declared disaster area.

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That would push your repairs up, reducing your ROI.What are you other assumptions?

I have to believe this business follows the 80/20 rule, with 20% or so of host/managers producing 80% of the revenue.

She needs a realtor to help with the following:1. negotiate foreclosed and pre-auction properties2. refer construction/rehab talent3. look up owners on plats4. refer a reliable inspectorPlease let me know who you recommend.

I am SOLD on this mindset and am trying to absorb as much information as I can before pushing forward into the decision-making time of buying my first rental property.

I later learned the following about how to pick a market and since then purchased 8 turnkey SFH's in Indianapolis and Charlotte over four years ago and their returns are better than my local properties.

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You analyze market rents comparable to the lease.Developers like to build in TI into the leases which can sometimes push rents higher.