If the numbers still work great, if not you can back out and should be able to get your earnest money back, depending on the contract (this is pretty standard on TX, check with your agent).

All that stated, if you are in a college town and renting a "4 unit" with 12 leases, you will likely have a tough time insuring it in a standard market.

Standard pools are about 9' deep at about a fourth of the pool, tapered, transistion up to 3' deep at about a third, I'd guess and average depth of 6', so about 280 yards or 5 dumps @ $150 a load delivered here for fill, $750.

Giving money to kids is another way.Example:I contribute 500k of deductible funds to a non-profit.

Depreciation and deductions disappear, but the ability to push out recognition of profits for decades (or forever in a Roth) makes growth easier.Successful retirement investing is about 1> preservation of capital, and 2> finding an acceptable return.

Tell us more about the market in the baltic sea.One problem for a US investor is that the depreciation deduction which is taken on US residential properties over 27.5 years is increased to 40 years.

You could pay discount points (2 will get you into the high 3s, but does it make sense for your goals on the property)Also, 25% down is pretty standard for an investment property.

For me the most logical step was to roll-over the ones that I could into a 401k that I had more control over and that had more depth and breadth of investment selections than just the standard mutual funds and bond funds.

You can't deduct those.

If I evict a tenant and I am unable to collect on the rest of the lease, is there a way to deduct the loss on my taxes?