Most people drive that in a daily commute to work.

The mileage allowance is lower than the cost of OPERATING a vehicle, so real "business people" don't automatically get a Benz or Beemer to drive around looking at property.Meals and entertainment-you only get to write off 1/2 on these but you shouldn't be eating at "Chez Expensive" when working on flips anyway.I'm sure that "some" people might accidently buy something for their residence and have the receipt fall into the folder for one of their flips.

I drive through with my “finalist†agents.

She'll make a mistake at some point, and you'll have your chance to get rid of her.For future reference, it is sure easier and cheaper to have your rentals in safe condition before you rent them out.

Now you can see that everything you needed was inside of you already, and that is the drive, desire and passion to take action and make it happen!

And while your looking - be honest with yourself.Make sure you look at any photos - read descritpions of any renovations that have been done and make sure your honest as to how it compares with your home.If you do use CL then be sure to drive by to see the hood and how it compares to where your home is located.

They would drive the areas and learn their farm while on "Duty".

Whenever you have a concentration of foreclosures and REO they are no longer the anomaly in the market, they are the driving force in the market.Lenders will look at comps too and they are not going to exclude 6 out of the 8 true comparable sales.

While I think is a reasonable assumption that over time inflation will drive up both rents and expenses, that's not a given at all.

(unless you've got 20+ properties, in which case you might want to open a separate LLC just for PM of all the units) If there is a legal employment agreement (or "work for hire"/independent contractor) in place between the LLC and you the employee, then only the assets of the LLC can be attached in a judgment and your personal assets are safe.