Hi Everyone my name is David Gamble and I’m a engineer students that has a year and a half left in school and I’m looking to purchase a multi family home which I’ll be living in one unit and will be renting out the other unit.

One things I'd suggest, is that it is often fairly easy to reverse engineer what other investors are doing.

But we are turning up the marketing engines to keep driving occupancy so we can keep up the pace on renovations.

My Midwest, engineers brain can’t handle that level of leverage.

On another note using the same example as above - For cost segregation, I heard that generally the upfront depreciation it can generate (after having engineers appraise the building) is roughly 20%-30% of the purchase price.How would that work?

Hi everyone I’m new to the investment world I’m currently a college student pursuing a engineering degree in the Charlotte area and I’m looking to purchase a small multi family duplex to fourplex is there anyone on here that’s familiar with the area that’s willing to be a mentor?

If Airbnb goes away, then another version of it will replace it.

But if you are handling this as a flip, just putting it in a list...Upgrades to the house since its purchase on August 2018:  paint living room, paint master bathroom, new kitchen counter, terracing yard with retaining walls, planting XX bushes and plants, adding drains to basement and yard, replacing living room lights, …The idea is to honestly market the house, identify the work, but do not focus on it. 

Days spent under the homes, in the walls, replacing and repairing is certainly not scale-able but none the less was a great learning experience to further direct contractors in the future. ;) What made you interested in investing in this type of deal?

If you dont have it under contract , you cant ask a civil engineer or the county zoning dept .