Second, we are currently using bank loans to buy so we can build a track record before jumping into hard money or private lending- so no cash.

You might have noticed that people that have been successful with rental units in  houses have to own about 20 or 30 of them just to cover their monthly bills, then they might get some of the profit when they own 30 or 40 all at different addresses.With apartment complexes you might just have one address where you have many units. 

I have noticed no difference in tenant quality for section 8 or non section 8 .. in these neighborhoods everybody is savage in their own way .

It is ordinary and necessary for real estate investors to notice wear and tear from year to year and claim "depreciation" on their properties.The rule that your accountant is referencing to is the "real estate professional status" which allows you net losses from your rental activities with your other income if your adjusted gross income is above $150,000.

Asking Price - 179,000Accepted offer - 174,900 - (written and accepted on the Monday) Of the six tenants, 4 had given notice by the closing date. 

But I did notice many of the buildings area old.

Our buy and hold model is to buy homes in Columbus Ohio with private capital, stabilize the asset, and then refinance to put more permanent financing in place. 

Looking to network with real estate professionals in my area including but not limited to real estate agents, wholesalers, private lenders, tax professionals, and contractors.

Read your agreement first, there's generally a notice that will need to be provided.Best advice, it's just business...and treat it as such.

The rates in the US are $3750 per person per month in a private room in AL.