Would you build a portfolio with long term rentals prior to investing in short term rentals, or would you use short term rental opportunities for quicker profit gain to expand on purchases of long term rentals.

They could not even find the root cause of the leaks we had the last few months (when there was heavy rain). 

I think this gives the slightest of advantages to people who are smaller investors, and also people who are willing to perhaps sacrifice some time and energy short term for long term gains.

As long as the borrower is current with taxes and insurance and continues to live in the home as their primary residence the lender cannot call the loan due.

Note:  LLC has bought/sold $12 million over the last year with and made a profit of 650,000 (without any of the partners RE commission contributed to the profits)Going forward Partner #1 wants the RE commission to be included in the profits - less a flat fee to her.   

Long store short, I have a duplex on a 45 acre farm in rural Virginia.

Sorry it took me so long to reply.  

No doubt what was happening post GFC was one of the absolute best buying opportunities in the last 100 plus years .. 

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Gotta long way to go.