As @Steven Hamilton II says the land is never depreciated.There are some components of the land that could be depreciated, but are typically not itemized as such.For example:Trees & shrubs have a certain life span and destroyed over timeSidewalksDrivewaysUnderground pipesSeptic systemsParking lotOutside light standards

I leave lights on, radio playing inside the house, signs indicating security systems on property and also ask my friends and neighbors to keep an eye out, and let them know when I have a vacancy.

I've had a landscaping company the past three years and have difficulty going the conventional route.

Hey @David Light Thanks for jumping in and introducing yourself!

(an outside light, the fans on the furnaces, etc)Do you plan on managing the property yourself?

They are fugal and aren't going to be allured into paying the top of the market because the kitchen has granite and cute little pendant lights over the island.3) Someone that maybe just has a great JOB and even though they have accumulated that much cash they are not necessarily all that investment savvy and would be more likely to use that as a big downpayment on a $600-800K+ house.4) Someone who has so much money that $200K is a drop in the bucket and will buy a much more expensive home either with financing or a lot more cash.Part of my "bias" is that $200K is actually a lower end price point in MA.

Get more light in your pictures.

Lenders generally ignore purchase contracts, yet they can establish a greater financial or equitable interest than an option.But, consider a custom built home that may have unusual features, perhaps extensive custom mill work or extensive landscaping features, purchase contracts can extend for two years or more.State law may restrict the term of a residential sale contract or extensions, such issues may be state specific.

.$2,515 rent - $251 (10% of rent) - $250 (assume $3k property taxes) - $250 (assume $3k insurance)- $500 maintenance ($100 per unit, includes landscaping, pest control & repairs) = $1,264 left for mortgages & utilities & profitMortgage 1 = $25k @ 5% over 30 years = $134 per monthMax hard money loan = 40% of purchase price. if the $25k = 60%, then your purchase price is $41,667, and your hard money loan is $16,667.

A real estate agent has been showing me some properties and I would like to know if there's someone at BP that could shed some light on this market.