The actual age of a building may be shorter or longer than its effective age.eminent domainThe right of a government to take private property for public use upon payment of its fair market value.

Keep talking.I will mention - I don't understand why the pref model isn't the exclusive model of choice.

If you have flexibility on a location there is almost always a home for sale for a similar price with a better assigned school (particularly now with the population aging/retiring and both parents of a child more likely to work).

One thing I want to mention is that these books and podcasts serve for more than just a knowledge base, they give you the nerve to jump over that phycological fear barrier, which In my opinion keeps more people out of the game than lack of knowledge or skill.

@Gilbert Dominguez, I didn't mention that I was licensed and insured as a contractor.

I’d love to see the article you mentioned.

@Mo FarrajAs bjorn mentioned .

Back in the dark ages ('80's) I would approach older home owners & offer them a buyout with them holding the note at an attractive interest rate.

Hi I'm from the Govt & I'm here to help you" is an oxymoron that still scares me even at my age.

As mentioned above accelerated depreciation applies to items with a life of less than 20 years.