After completing the study guide, I took 4 practice tests and that's it.

That being said, each park is different and will require a cost segregation study to determine the actual depreciation schedule, which is comprised of the following:Park infrastructure improvements – utility lines, roads, fences – often account for 60-80% of the total purchase price. (15 years)Land – not depreciableStructural improvements - sheds, clubhouse, well house, stick built homes on property, etc. (27.5 years)Personal property – appliances, mobile home improvements, office inventory (5 years), Mobile Homes (5 years to 27.5 years – depending on which accountant you ask).

If you don't understand title, either pay someone to research the property or better, study how property taxes work in your state as well as how deeds and liens are recorded.

Bill Gulley - No attack on you or others who don't use a personal pic, but studies show that social media profiles with personal photos are FAR more effective for networking and trust factors.

So I think you should just focus on studying the real estate market joining local REI clubs and find potential partners through networking.

This would allow my family to do just about anything without having to worry about money while they go to school, join the army or study ice in Antarctica.I would like the company to continue to grow into the green rehab/building space.

Most residential agents know some investors, but few specialize in investment properties and actually study it the way a commercial agent would.A lot of the times they do a CMA on it without taking into account the income or expenses.

When we need to do an upgrade because of an emergency (like last week when we discovered a leaking hot water heater had caused extensive floor damage) we compensate the tenant for not being able to fully use their unit, either by a rent refund for the lost days or by putting them up in a hotel room.You are talking about extensive upgrades to the kitchen.

The best deals most likely haven't come to market yet, and you want to be the first to discover them.

Remember the area well..did my masters at GWU and studied vienna and falls church developments as part of it.