@Lucas Helliker- I’ve been investing in the KC market from out of state since 2018.  

Since you will be the guarantor for the construction loan, the lender will expect you to have ownership interest in the real estate. 

Are you buying off the MLS?

Only when the owners has to pay the utilities because the units are not separately metered.

Recognize the sponsor is at least as critical as the deal.  

Here are the details:- Current occupancy with a monthly income of $2,750- Purchase price: approximately $145,000 (putting 25% down, around $36,250)- Location: McKeesport, PAAs a relatively new investor with two properties in different states, I'm looking for guidance on how to analyze this deal.

Welcome to BP & investing in the Phoenix area!

Quote from @Melanie Baldridge: The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.Before you buy a cost seg, you need to know the rules:Tax all starts with the types of income.1.

RE is a get rich slow game and there are increasing number of people talking about how difficult it is to retire from your day job even with large numbers of rentals because cash flow is thin.On the one hand there is the Small But Mighty portfolio mentality which I believe is a book in the BP store by Chad Carson.

At this price point you'll never hit the 1% rule.