However, there are limits on the amount of liability VA can assume, which usually affects the amount of money an institution will lend you.

Hi All,I considered starting a REIT to allow others to invest and build wealth in projects that I would start, but that was a much, much higher level than I actually have interest in pursuing.  Reading through some ot...

@Louis FernandesDo you really think someone would lend a stranger money at 3% when you could invest it risk free for 5%?

Outside of real estate, I enjoy hiking Arizona mountains,  plenty here I must say , and spending time with family & friends. 

To qualify, you generally need to spend more than 750 hours per year on real property trades or businesses in which you materially participate.

Separately, I use apartments.com to collect rent, security deposits, bills, etc - also free for you as the landlord and the tenant.Third - to write off items for taxes, I'd check with your CPA but in general, it would be anything you spend money on with that property, including mileage going there.Best of luck!

I FAIRLY WELL OFF AND DOING FINE BUT THAT DOESN'T MEAN I AM GOING TO SPEND $100,000 MORE FOR A STEEL BUILT HOME JUST TO SAY "HEY LOOK I PURCHESED THIS IN AMERICA AND GOT TOOK".

@Joseph Lavoie I live and invest in Birmingham area, I have a couple sources that will loan under $100k (hard money loan w/construction loan) I have used if you are interested. 

., find a way to make money on this one and don't lose a good deal bc you're chasing a home run...whatever it ends up looking like, you found a great deal.

Would be amazing to spend less than 1/3 the cost and save days...