In order to accelerate your depreciation, a cost segragation analysis is needed which inclueds a site visit and all the items you mentioned plus more are itemized and included in the depreciation shcedule of 5, 15, or 27.5 years (residentially speaking of course).A cost seg company will also go over the report in detail with your CPA as part of the service.

If the closing is similar to a regular house closing, could I expect or try to negotiate any costs into the final price and you said before the title contingency is not necessary (of course an inspection though) -- is it automatically included as the bank had to do this anyway when they assumed it on their books?

Finally, check out our real estate blog.After you spend some time doing your homework, you'll have a pretty good idea about how to make money real estate investing.You'll then want to decide what area of investing interests you . . . from there, I'd go and read the forum that focuses on that area.Good luck.

The end isn't even close, see my post "analysis of income vs home prices".

I just love this saying... and,"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.Dave Ramsey always uses "leave the cave, go out and kill something and drag it back."

Finally, some states "bank" properties that are not sold at the initial Delinquent Tax Sale.

1) Hire a property manager (or be prepared to work very hard)2) Make sure maintenance costs are factored into your analysis/plan for acquiring each property

I must admit that I spent a Heck of time moving from one system to an other, but finally I did it with my patience and Action :) and yes, now I see my success!!

I am finally going have a positive cash flow this month and I am trying to save up for my second home with my brother.

Finally, I can attempt to resolve the issue to reduce future overuse.