I have owned the property since 2003.I do not care about the past several years lost depreciation and have no desire to amend those returns (it is not enough to make it worth the time and effort).I would also like to avoid having to file a 3115 at this time.

Who you are,your experience,and what time and effort you have to give your investment will determine which ones you want to focus on!

It's low risk, minimal effort, and depending on where you live, possibly very little money required to get started.

Congrats and good luck in your efforts.

I work full time (usually at least 50-60 hours/week) and manage all of mine with very little effort.

I recommend it relative to the cost/effort IMHO.

I still think a well thought out direct mail program is they way to go for marketingAs far as education you cant beat Josh and Brandons "Beginners Guide to REI" found here on BPAnother guy I reccomend Highly is Justin Williams at www.houseflippingHQ.comHe has a course called FFF which is excellent and he sells for peanuts,,,plus hes a honest squared away going doing the business full time,,,,In time youll find REI is a tough little nut to crack ,,but it is worth all the effort if you stick to your guns and press onHope this helps,,,I wish you ther post.Im a contractor and I post here about plumbing and contractor issues from time to time.I love BP and all the gang here and I try to help and do my partGood Luck RobertDD in Los Angeles

There is the consideration of wanting to become landlord again, and then there is the estimated profit to see if it would be worth your time and effort: this is unique to every property.

But its a way to get a look inside the house.Many listings get continued again and again, so the folks that do these don't put any effort into houses until they actually appear on the announcement lists.

Saves time and effort!