If you're planning on keeping properties as LTR, I HIGHLY recommend Heather Turner's (Brandon's wife) book on managing rental properties.

Interest rates are really high compared to those of recent years.

Look for properties in areas with high rental demand to maximize your potential income.Renovation: Invest in renovating the basement to make it suitable for tenants.

And we live in CA so our tax rates are high.

The purchase price is $410K.Should I go for 15%, 20% or 25% down payment, taking the current high interest rate situation into consideration?

Therefore the property types that are the most favorable to generate bonus depreciation will be those with a high degree of what the tax code refers to as "land improvements".

I use Chat GPT to help me practice Spanish since I found a video about it on YouTube.

Or, a place where lots of new houses are being built might give you an indication that its an opportunity zone or in high demand.Smart Steps to TakeLook Back in Time: Use Google Maps to flip through images from different years to see how things have changed on and around the property.Spot the Signs: Keep an eye out for things like construction activity, nearby abandoned areas, traffic velocity to understand how things have developed over time.Predict the Future: Knowing what’s happened before can help you guess what might happen next.

Although you could probably pay a smart high schooler $100 if everything’s labeled.

I am patiently waiting for prices to drop for no other reason than the market stagnation due to high interest rates.