I live in a county where there are quite a few decent looking abandoned homes and can never get far finding the owner and trying to find value on MLS is rough!

I live out here in Reno NV and stumbled on a huge need for boat and RV storage out here. 

https://matrix.recolorado.com/Matrix/Public/Portal.aspx#1Short SaleLight and bright living spaces, and picturesque mountain views, this stunning ranch-style home located in Bella Mesa won't last long!

@Barry Randall Hey Barry, im not spanish but at least another fellow european investing (and since 2016 living) in the US.

If it wasn't taken care of immediately lives were as risk and property damage.

Live in one apartment.

Living in Atlanta, GA and investing in southeast.

. $10k in losses will reduce the federal tax due by $1.5-2k.However, the state tax due gets lowered by a very small amount by using passive losses to offset passive income as I assume state tax rate is quite low (I live in TX, so never worried about state tax) compared to long-term capital gains rate of 15-20%.

Ask questions, get an inspection, and make sure it’s in a decent area where there are renters and that renters will want to live there.

I’m living very conservatively currently but will get there.