Since the standard deduction is so high due to the new tax  laws, it is thougher to itemize anymore.

That said, since the market is so active, I probably would turn away something higher. 

Alright after a bunch yall debating lolmy rate is SO so if i make it through i wont be on a shipthe plan right now is to save all i got and invest in kentucky where im from and i have family to help out.One i get BAH then i can also get other properties with that

There is so much competition because everyone thinks its very easy and each listing/buyer is like winning a lottery.

The barrier to entry is so low and there are so many, that it is just law of averages that you get poor quality bushels of them with the few good apples in the mix.I find many of them to be rude and inconsiderate as well, some of them think they know it all too, but then I have plenty who are top notch, do their job with a smile and are very helpful, those are the ones you want to use.

Don't know about you... but $80/mo. to manage a unit with the abundance of tasks that might be called on is not a money maker or the 'luring' incentive that many owners believe it is. So

I've done these for 25 years and I've made every mistake you can imagine and a few mistakes I made up on my own that nobody knew were mistakes :-) So, to get an idea why this is so powerful and has made me a LOT of money read this spreadsheet3 Ways to Wealth in Real Estate – Fix & Flip, Buy & Hold, Turnkey (Cash flow) – Here’s Howhttps://www.biggerpockets.com/forums/311/topics/780022-3-ways-to-wealth-in-real-estate-cashflow-flip-hold-here-s-how

That is why it is so important to run your numbers and make sure they make sense even assuming the most expensive repairs.

However, do not leave your job and try to dive directly into RE investing... you will just be shooting yourself in the foot because getting money is so much easier when you have a day job vs. trying to live off the cash flow of each property you purchase.My advice...

DC is so competitive for a new investor that it’s forced me to look elsewhere (Delaware/Phili area) since i went to school in Dover DE.