Thanks for all the kind words @Jay Raught and @Beverly Fast Sinclair and @Wayne Snell.In response to @Bob E. question about shadow inventory (I can't believe I missed this question that long ago), there is a ton of shadow deals out there.You still have 6 million loans underwater, along with 3-5 million loan modifications coming due that are starting to default with the loan's adjusting.  

I post 5 day notice on 2nd of month and start eviction ( after I give them one chance to explain delay as I have everyone's e-mail and phone and we communicate openly when needed).They can; electronically depositWalk to one of my bank branches and depositUse Paypaluse any system they wishWorks pretty well. 

@Torgeir Willumsen   send me your Singapore e mail and I will put you in touch.. he lives in the Climente area

When it comes to analyzing areas to invest in I'm curious if there is a popular national website to gather stats like school districts, population, income, jobs etc?

My hubby and I have e been landlords for a while now with a few different property types so we have a little experience but are now looking at a 25 acre parcel for a subdivision.  

My understanding is: the property becomes Sch-E qualified "when put into service", which means you advertise is availability as a rental.Property A (dec.15) would be claimed for expenses and no incomeProperty B does not qualify for any thing except closing costs.But check with your CPA for accuracy on this

Caroline E Aka pocket Listings.

I can e-mail you the spreadsheet on both if you are interested.

Since it was e-mailed I figure I used a couple kilowatts of power to make it happen so probably about .024 cents on that one.

I looked to see which buildings were popular, which units were rented out most of the time, and how much the owners were charging per night.Then I did research on the buildings that were popular with tourists.