The wholefoods and other big chains slating to open is the ara is what im watching closely brfore pulling the triger. the hopes is that wilk crate jobs and help to reduce the crime rate.

The goal of a rental is to reduce your maintenance.

By owning rental properties you can survive through most recessions and those happenings should not reduce your occupancy and enable your rentals to keep on paying.  

They are likely unable to invest the $10MM immediately, reducing the final IRR.Whether any of this is actually true, I don't know, and probably varies on a case by case basis.

So even though you aren't seeing cash flow right away, it's still a net benefit to you because it reduces your expenses.I hope this one works out for you!

If they exceed 50k, the amount that can be expended is reduced dollar for dollar.

Even if you end up not using or agreeing with it, it is a good way to educate yourself.Yes - the fact that tenants pay their own electrical / gas / heating will reduce your expenses by a few points but you are expecting to run this property with only $25,000 in total expenses (less then 25%!). 

What are the realistic expectations of getting the medical and car debt reduced.  2 Would it be possible for myself to negotiate with the creditors on their behalf.Thank you for your input.

I understand that if I sold the house within first three years of moving out, I would not have to pay property gain taxes over 250K as a single person.However, I also heard from an agent something into this effect that if I don't sell the house within the three years and even if I moved back in after three years and stayed for more than three years the property gains cap maybe reduced to a smaller amount than 250K.

But if you're trying to sell in a buyers market or you're simply trying to be proactive and looking for a competitive advantage over the other listings in the immediate area, I'd be willing to bet that your money would be better spent in upgrading what's already there.