So now here is our depreciation calculation :(550k x 2.5/100) + (50k x 20/100) = 23,750I have heard and seen many people, CPA's or tax filers don't do it.I am really impressed with 20% components part.

As new to the community, it is these kinds of first impressions that are quite resounding for me.So, a lender will allow me to purchase a property directly into an LLC if I sign a "personal guarantee" along with it, you're saying?

Impressive that you can manage so many properties running solo. 

Cash flow for lower-tier props can look amazing on paper, but there are a lot of other factors that make real-world returns less impressive.

. -- Very impressive work!

But overall, we wanted to get an impression from you guys about what we "don't know that we don't know" in this particular market expansion.Thanks!

I was more under the impression that it would at least take several years to start realizing some of the appreciation from the repairs done.

The extensive work was impressive from new electical, sheet rock, plumbing, windows, etc.

8 years later, it still impresses visitors.

That was my initial impression.