Why Shaker Heights Long answer:  Of the many offers I sent on various properties I wanted; this one kept going back-on-market.

Before learning this, my calculations showed it would cash flow $240 after expenses, but now it will take an additional $10-15K to fix and install these features.

Purchase price: $1,800,000 Cash invested: $960,000120ft tunnel carwash with 3 detail bays and an upstairs business office. rebranded the carwash business to match the same name and logo as two other carwashes and offered a joint monthly unlimited wash pass that was usable at any of the three wash sites!

Additionally, you might consider properties in popular rental areas where larger homes are in demand.3.

For me to offer more advice I would need to know more about you before I start prescribing.

@Ryan McCann If your location is right, the market not too busy, and you offer something good you should have no trouble.

Angel Fire has developed a decent infrastructure for living there - a few gas stations, a small grocery store, and a few restaurant offerings, a couple of churches, etc.

My plan is to move out in two years after I qualify for the possible capital gain tax exclusion so then I can either decide to keep it for 3 additional years (or maybe longer, and forgo the exclusion)and move the home into a LLC.

Therefore, even if an applicant acknowledges her credit history and offers a larger deposit, landlords must adhere to the legal limits set by the state.

The decision to acquire additional properties depends on your financial goals and management capacity.Continuation of Strategy: Continuing to acquire properties and utilize cost segregation makes sense if you want to offset W2 income.