You can either try for loans to get your cash out for new purchases (this may take awhile that financing can be hard to get and may require seasoning of 6 months or more) or alternate selling on a fix and flip every other property to finance the ones you keep.One more thing, Thank You for serving.

An alternative to eviction could be a cash for keys offer by you to the problem tenants.

Like you said - you don't know what you don't know, so just keep hanging out, learning, and before long it will be second nature to you!

My explanation of our family's "conservative nature" and low debt was my way of mitigating that additional risk associated with RE when deciding between the two.

I naturally stopped by and talked with the owner who is elderly and disabled.

Depletion is much like depreciation but it is not the same.Everything you listed are improvements to land, including the wire running under the paved parking lot to the light poles.Land is the dirt, it is never under any circumstance depreciated.What is mentioned above is the lease being subject of depreciation, not the dirt.There is only depreciation or depletion under tax code, it is the nature of the tax beast, it is an economical concept as to devaluing an asset arising from it's use which may or may not be a financial limitation or reduction, but done to illustrate the lesser of utility of improvements.:)

In our town the tenant will be chased for unpaid electricity, natural gas and telecommunication services.

In Michigan, they have discovered huge pockets of natural gas two miles down.

I have a couple 50/50 partnerships where the partner contributes half the down payment on a new purchase and we alternate obtaining the mortgage in one of our names.

I understand that beats the alternative but I would probably bid on 1/10 properties that I search.