@Nathan SharpYou costs spent on renovations will either be currently expensed, capitalized or non-deductible.

You must be self-employed with no full-time, non-owner, W2 employees.

What would you ask as a non-refundable deposit from LO tenant?  

Also got burned 6 figures on another non-real estate related deal. 

@Robert LindsleyThere are many properties that are legal non-conforming.  

@Marcus B Hsu I believe the law states that if a car is parked on a public street (non-gated community) for more than 48 hrs unmoved, especially if its inoperable, the car can be ticketed and towed.

I know this could be a foreign concept to most west coast landlords but out in the mid west deep south its quite common to have the deposit just a non refundable fee .. the tenant already knows they are not getting it back so many landlords just take it up front and tenants just move.. now this is with C class and below generally speaking and for sure most section. 8 

The purchase price of duplexes and quadplexes seem good on the surface but once I enter them in the calculator it’s non favorable.

@Scott Wolf - Wow 5/6 almost non responsive - That's sad to be honest. 

. - Do you really think low income Non-SEC 8 tenants in the same neighborhood take any better care of the property?