Learning to operate under significant pressure, crunching numbers, how to effectively manage time and dealing with very angry people.

But I'm curious, and the tax guys can probably give examples, if you are at 155,000 and you have hit a phase out/rule that says you cannot deduct 25,000 in depreciation, isn't your effective tax rate on that last 5,000 over 100%?

Is driving for dollars really effective or is there a better way to find motivated sellers in select areas?

Usually not, unless your contract has wording to that effect.

The order will remain in effect and enforceable until such time as any provisions of the order is modified, terminated, suspended or set aside by DFI.

Walk-throughs with maintenance reports would likely not be cost effective for them to do.

The codes concerning water connected to 220V that people climb into are pretty specific.If the tub burns up and/or the house burns down, their insurance and your insurance may not cover the damage if the tub was not properly wired.If you agree, in writing, to allow the tenant to repair or modify the tub and/or the wiring you are effectively putting your own head in the proverbial noose.I work on a lot of tubs at long-term and short-term vacation rentals.

And, it's a waste of time snooping around without knowing there is a chance of making it a deal.Believe me, I know it's a temptation, but it will work out better if you ask around first.Be prudent, inquire, be professional

The make-up of your debt will effect your credit score, but deferred or paid-on-time student loans don't have too much of an effect on your score - especially not a measly 7,000.

Don't waste the opportunity!