With actual cash value you'll get a depreciated claim payout and much of the expense might not be covered.

I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?

Cosmetic updates that make the place look significantly nicer without needing to sink a ton of time and expense.

The cashflow from these units combined with the main house will more than be enough to cover all expenses in perpetuity for that land that's on a 3.4% interest rate over 30 years.

In this case there seems to be missing income/expenses(living expenses) not discussed?

Here are some considerations for investing in a duplex in the Dallas area and potential alternatives:Investing in a Duplex:If you rent out one property, you can possibly create positive cash flow by partially offsetting your living expenditures.If you're an investor with limited funds, duplexes could be a more accessible alternative because they may have lower entry expenses than bigger multifamily properties.Perform in-depth market research in the Dallas region to pinpoint communities that have high demand for rentals and good prospect for real estate growth.Take a look at owner-occupant-friendly financing choices including FHA loans, which frequently have less down payments.Make sure you have a well-defined escape plan.

This is why it is first and foremost critical to understand the costs of owning a note.Things like legal fees, servicing, and insurance are all getting more expensive.

Is the remaining 2/5 of the total paid toward discount points a deductible expense at that point, or will that portion never be deductible?

In my case it involves a lot of expensive equipment, knowledge of flambient photography, a mastering of Photoshop, and a lot of patience for processing multiple exposures plus flash for a single finished photo.

Possibly, if you are in a very expensive market, you might be able to add value to a property with a window AC, but in most markets, window units are going to cap your rent growth potential.