Must be able to read people and establish relationships with trusted vetted support staff and do it all remotely.

I recently filed my taxes and discovered that because my personal income is over 150K per year, I'm not able to deduct a lot of my expenses (which were about 12K in improvements last year).

If not, you may want to reconsider purchasing this property.Once you get a team in place to turnover a rental (cleaning staff) and have a handyman on call, it shouldn't matter all that much that you aren't local whether you are turning it over a few times a week or a few times a year.

If you factor in improvements that mitigate the downsides of a property near highways and freeways into your rehab equation there could be a win.

Being aware of your standing will help you be aware of what to improve and be in a better position when you start your homebuying process.

If I make improvements to the one I'm selling ($5000k in wood floor refinishing and some carpet) do I get to take that off taxes?

Hello,Does anyone have any creative ways to finance home improvements?

We want a balance between getting a high appraisal and forced appreciation without over improving. 

They're going to then ask you for a copy of the note, the mortgage history, the settlement sheet from when you bought it, lease for your new tenant and a list of improvements. 

What have you done to improve your process since your first property?