I found this deal on the MLS and I negotiated it based on the days on market being high.How did you finance this deal?

Find 3rd party ways to verify the owner and employment as described. it would be very odd to have both an employer and landlord in two different states thousands of miles away that share an area code with the perspective tenant that is not in the market the home market of the PM or the employer.

These can be great investments but may require more maintenance.Job Market: While diversifying, keep an eye on the local job market trends.Has anyone here invested in Bay City?

So that means if my downpayment is $80,000, $30,000 is really going to affect things:1) Capital raised.

The market went absolutely wild (like everywhere) and over the past few years our taxes more than doubled on some of our houses.

Anyone have some go to methods to figure out vacancy or have some first hand knowledge of the Nashville market for MTRs?

$75k for 14 units means about $5k per unit to bring it up to market ready rents.

I’m pretty ignorant to how bonus depreciation works- is there a way to calculate how much of the 300k capital gains tax we could offset with a 2+ mil purchase?

And this is all assuming you pick just the right price that you don’t sell it for less than it’s worth or it lost it for too much and it sits on the market for an extra month or two. 

I am not sure what the Denver market is like but there are not too many HOA neighborhoods in this area unless you go east in areas like Brandon, Ruskin, Valrico (which are good areas to flip in) or North of Tampa in areas like Land O Lakes, Wesley Chapel & New Tampa.