The prices are a reflection of those conditions, but this does not mean there is no opportunity for investors.

Short sales take a lot of time so the property purchase price needs to reflect a higher cap rate for your trouble.

The IRS allows all residential investment RE to be deducted over a 27.5 year period.For example, the house that Mike is closing on for $20,000 will look like this:Assessed total value $45,000Land value = $9000Building Value = $36,000Mike will be allowed to take the Building assessed value, divide by 27.5 years, giving him a paper deduction each year of $1309.NOTE: The assessed values I used above are example only and do not necessarily reflect the true assessed valuation of Mike's property by the county assessor where the property is located.Also, someone else mentioned that you should stop trading your time for income.

Should I lower my offer to reflect a $100 per door cash flow based on the 50% rule?

Some possible options are to change the lease with the tenant to reflect the lack of security deposit or collect the security deposit from the tenant or seller.

(just a gut feeling, though - not based in data as I don't have comparable duplexes to reflect on).While the CoC is low, my thought is that it's rare to get a duplex in a solid neighborhood, so it might be worth it.Good point on Duplex #2 - The numbers looked great and property looks nicely updated (relative to the location), but being in a semi-sketchy area is why I haven't pursued.

Documents reflecting the 1031 must be on the closing statements of the property.But I would go ahead and market and get a contract on the property while you're educating yourself on the 1031 process.  

I don't think this should be a reflection on RTR if you did not purchase from our team in this area.

With remote management, investors didn’t need to pay for a manager at 30-40 percent, so the bottom line numbers looked unbelievable, which in turn caused real estate prices to rise to reflect this new way of doing business (people across the world were creating themselves a part time management job).

They provide a lease written to reflect local laws and a lot of different documents with useful information.