You need to do cost segregation on all 3 properties and then find an accountant who knows how to do the catch-up. 

I advise that they find an area where the appreciation is obvious.  

LTRs require finding tenants much less often, but they also have a large pool of possible residents that understand the process and a large buffet of online places to source them.

Is this the usual process to find land values in the Tucson, Phoenix area??

As Nathan already mentioned, it's tough to provide guidance without your goals, skillset, etc.

Times change. good luck I would love to provide a counter-perspective 1.

You have to find a good pocket to invest in but very good and inexpensive.

I need some gentle guidence as a start in what direction to go to find out foreclosure costs.My JV partner and I own a note and the borrower has defaulted and not paid in several months.

You can also find real estate investing groups through meetup.com, Facebook, or a Google search.

Would love to get your input on your favorite skiptracing software to be able to find owner contacts for distressed properties.