Meaning people are spending less on where they stay and more on beer, food and entertainment.

I see you got a package today....

.$11,184 / $44,000 = 25%.Plenty left over for repairs, food, transportation, etc.

It is a lot of fun and good food, although a little spendy

Personally I have never experienced this package deals working out.

Between January (when I took possession of the property) and June, the tenant caused the back door to be kicked in by the Fire Department because she left food cooking while she left the home. 

Good plan, but a couple of issues...Yes, you would have to find a distressed/really food deal to refi out most of your capital since your refi will be at a 75%.It is not realistic to expect the real cash flow from 4 units, financed at 76% ltv, to cover even the PITI on a 2,500 sf house.

Because the value of some assets may be below the arbitrary $75K minimum threshold we've seen in the market, we think it would make sense to bundle some assets together in a rational sized package.

They tested for a commode leak with green food coloring.

It is a personal expense, just like your food expense. 2) Repairs made on the duplex are deductible against the rental income.Improvements:1) Improvements made on the personal side are added to the basis of the property, but you cannot depreciate the personal side of the property until you move out.