Quote from @Tyler Gilpin: Quote from @Jonathan Greene: Have you ever done Section 8 rentals before?

Quote from @Adrian Henning: Do Investors still have interest in rooming houses?

I want to continue to use this house as a rental.

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Learn how to manage it well and avoid the costly mistakes so many owners make.

Purchase price: $420,000 Cash invested: $15,000 This buy-and-hold property generates a steady cash flow, with a gross monthly rent of $3,900.

Admittedly, pricing will often account for any major items, and I don't believe this is true in Sandy Springs, but there are some areas that an interstate cuts off a small part of the neighborhood, and so labeling the neighborhood as "good" may be true for 90% of that neighborhood, but if you are in the 10% that is on the "wrong side" of the interstate, it can be a totally different market.

@Arya TaghdiriWelcome to the community and be ready for a huge amount of information at your finger tips.

Hey, @Joseph Romano yeah we have gotten a few houses from the Nassau County Auctions.

Land doesn’t depreciate, and while buildings require maintenance, they usually gain value as markets grow, demand increases, and inflation takes its toll.Real estate investors benefit from a significant tax write-off based on the concept that properties lose value over time, even as their market value skyrockets.