An important factor is the building information the insurers maintain about homes.

However, in exchange for more responsibility, you also get a lot more control over your investment than in a traditional stock, where your only control is to own it or not.Real estate is a concentrated asset.

I understand doing things initially to save money for the next property but in the long run one person will not be able to maintain and complete capital expenditures on 30+ units.  

I hope I am not hi-jacking this thread but I noticed another recent listing come up....3-4 Klondike Court....and 5-6 Klondike...Seems also to be close to college and buildings look well maintained...also seems to be within a cluster of similar buildings...Any thoughts on these?....

If you're not building it yourself, well then it's yet another expense that you'll have to pay and maintain. 

So if you travel for 300 days out of the year but have your stuff at your house and maintain all utilities and such would this be considered your primary residence per the FHA rules?

Distractions and obligations are minimal and you can concentrate on your career.

This building once fully rented should hopefully maintain similar performance.

All properties are occupied and well maintained.

There are those who maintain that your recognition of gain begins with depreciation recapture.