Required distros for tax consequence.At the same time I kinda snicker a bit since the buyer... the investor... thinks they found the next Apple or Tesla investment (and they are clearly the smartest in the room), and then go off the rails when it all goes south, I can't help but shake my head and have a small giggle.A fool and their money soon go separate ways, Yes, but don't you wonder how they got together in the first place?

Because I'll save money in interest by paying off the principal faster. what am I missing?

They used each and every white towel to wipe off buckets of makeup.

Plus get 10% off your inspection.One hires such a thing on Bigger Pockets of course! 

A lot of home buyers are turned off by properties in need of renovations.

Happy to jump on a call if you want further insight into Hammond and the people you don't want to piss off:) 

Take 20-40% off that price, and you've got yourself a deal--that's your purchase price.

Plus their expense is a tax write-off. 

For property owners with out-of-state investments, is it necessary to keep all receipts and invoices for write-offs during tax season, even smaller jobs performed by the PM's handyman?

Most of the deals I've found usually come from off-market deals that agents bring me, direct mail marketing, or auctions.