Detailed Inspection Report: Ensure you get a comprehensive report that outlines what needs to be fixed, if anything.Gathering More Information:- Talk to the Seller: Understanding the history of the repairs and any challenges they faced can provide valuable context.- Review Historical Permits: Check with local building authorities to see if the previous owner obtained the necessary permits for the repairs.

Instead look at the total return and rank them that way for a more comprehensive list of your properties. 

The CPA's above seem to have answered your question comprehensively, and just to summarize, you don't necessarily have you wait 5 full years, just fulfill 2 years of primary occupancy *within* the last 5 years. 

Please let me know if you are interested Or if you have connections to a MTR group in Milwaukee would love an introduction! 

Yes, 1,000%, this is the 1 issue of substance this change raises but I am avoiding discussing it on BP forums as it's about 2/3 levels beyond comprehension of most on BP. 

Do they offer comprehensive training programs and ongoing mentorship?

Hello everyone, My name is Meelad Ahmadi and I turned 20 years old yesterday. I am completely new to real estate and have been listening to the BiggerPockets podcast and started reading the Brandon Turner book Rental ...

Hi everyone I am Heidi, a new memebr of Bigger Pockets, though I have been listening to the podcasts and reading the books for years. My goal this year is to purchase a multifamily property so I can successfully retir...

Send me a DM and I'll make an introduction.

These two look very comprehensive, but they're incredibly complicated, at least to me.