Deals arhard to come by here in our area of Texas as well, not that we’re analyzing deals everyday though either.

Granted that may be all I’m seeing cause it’s all main stream listings but have you seen residential rents appreciate that much on an annual basis to justify buying at low caps, knowing it’ll increase due to raising rents?

Managed to save $16k intending to invest, was finishing school, and surfing and training jiu jitsu every day.

In the meantime, my wife tries her best to get me to help with her practices on a day to day basis.

I know these expenses are analyzed into the expenses prior to making offers BUT its only on a monthly basis and just starting out saving for these operating expenses, there are NOT enough funds saved yet.

Hi @Shafi Noss,I'm not a CPA, but my understanding is the appreciation realized on sale of a property are capital gains that are passed through to the LPs and subject to the same capital gains treatment as stock sale gains (as an example).One other thing to keep in mind is that any depreciation realized during the investment (including the accelerated depreciation we all love so much) is deferred, and will be used to lower your tax basis which can also increase the capital gains you show (unless you're rolling into a 1031, of course).Hope that helps.

You need to start tracking your basis in your S Corp stock, which will fluctuate from year to year.Third biggest piece of advice: start running payroll for reasonable comp if you haven't already.Now...we're to the returns. 

I'm also new to investing in Indianapolis but learning a lot every day!

I'm out here everyday looking for capital and lenders.

BTW: loved your "Top 5 Notes Predictions for 2020" podcastYes, I forgot that banks often don't want to bother with subprime loans that involve lower priced properties (which admittedly are becoming rarer every day).