I got a good share of the payments from the bankruptcy plan and made a solid return on my investment.

Building is new and in the makings.I kindly request all of the information you can share about this topic of investment and return.  

Building is new and in the makings.I kindly request all of the information you can share about this topic of investment and return.  

I'm only going to be living here in Clarksville TN for a couple years for work and I'm looking for a property that will accommodate my family situation and make a modest return once we move away. 

Too high a risk for too low a return. 

It is for a 3BD (including master suite overlooking a lake), 3Bath, nice neighborhood.I'm trying to figure out the wear and tear I can expect from different prospective clients like:- Teenagers- Children- Boys vs. girls- Old vs. young- Extended family (e.g. grandma, mom, daughter in the house)- Other?

This seller's market won't last so - if you're thinking of selling - sell now.I would not hold and rent out this property because you don't get nearly enough return on the money you have tied up in it.Far better to take the money and buy 4 smaller places that make at least twice the cash flow this can produce.Good luck!

That means you will report the activity on your personal return (if this is rental real estate is will be on your schedule E).In most instances, rental property is setup as a partnership.   

I met with the lender after sending him w-2's tax returns, etc. and he explained a great deal about what options I had in terms of financing.

CoC return looks good.