I started by owning 5 properties in the area and bought PM company so that I could benefit from economies of scale for my own properties AND get active revenue to buy more rentals.

What we have now is simply THEFT on an unprecedented scale.

I assume there is a standard rate or scale or something???

Spending simply cannot maintain the current clip and needs to be scaled back considerably when new entitlements kick in and consume 2/3s of our "revenue."

Generally speaking, duplexes are going to be easier to manage, have the benefit of economy of scale and often return a bit more than SFHs.

Sure, on large scale construction sites, they can "stitch" together fractures in bedrock using stakes and cables, but on a dining room table?

They say if you have rental property and use schedule E then your real estate assets count as family assets and cannot be excluded.However if you use schedule C for your rental property you can exclude the assets as a small business.I started using Schedule E 20 years ago when I had rental properties and a "real" job (W-2).For over 10 years now I only make money as a small hands on landlord, purchasing, rehabbing and renting and sometimes selling houses on a small scale (12 units total) but still use schedule E, but list myself as a real esate professional according to IRS.I do my own taxes via software.Should i start using schedule C this year, and eliminate schedule E.

I have some friends who were doing huge volume of REO's as listing brokers but with robo signing listing volume went down and carrying costs were eating them up.Some had to down scale or pull the plug and switch to short sales as asset assignments switched to a trickle plus listing price dropped eating into margins further.

For me, two major pros to multi-family that Chris F. missed are:- economies of scale- lending climate is easier (after 10 especially) in multi-family

The financial advisor, as he is referred to, mentioned how 3 months ago I'd be able to obtain 50K, but with the state of our economy the bank has significantly scaled back.