I made the same argument at first as well for someone with multiple rentals (As I do for like...home office deduction, if you're managing 5 rentals, collecting rents, screening tenants ect...I am comfortable taking that deduction- I was going to apply same here but saw a no aggregation wording) 

Though I'm a licensed real estate agent, in southern CA there are some REALLY well established offices that work the high end listings, and have their marketing down like a well oiled machine.

Long-term appreciation is big because I wouldn't intend to sell anything until retirement (30+ years from now) I am also in a very high tax bracket and hopeful that real estate investments may enable more deductions.Commercial:1) I've shied away from retail strips due to feedback from banks desire to not lend there and overall amazon impact2) Looking primarily at small office complexes (2-4 unit) with service businesses - anything to look at for with office buildings?

If not can you refer me to any agents or offices that specialize in foreclosure properties?

I was sitting in a lender's office waiting for the banker, when I spotted this article. 

Let me know if you want to talk in detail about it; I'm Chief Investment Officer of a REIT based in NYC.

At my management company here in CT, we generally stay within a 30 minute radius of our offices.

Looks like 5 apts will be open at the end of August but agent has said the leasing office is still working on filling them. 

Basically here’s what I do rent is due on the first if it’s not paid by then I can apply a 50$ late fee which I will do if they peeved me off enough .. on the 5 day I put up quit or pay notice on the 15 day you file for eviction with the local magistrate ideally by the months end a police officer is throwing them out on the street where they belong .

YES - If this is truly a project HUD building where HUD 'guarantees' rent for all units then there are very specific / screening / reporting / inspections requirements that you must meet; tenant income thresholds, REAC inspections, etc.You can do this yourself (HUD has to approve you to self manage) but most owners elect to hire a PM who is licensed / knows the systems / paper work / HUD office contacts.