Always run the numbers to make sure the next purchase meets the criteria you are looking for and rely on professionals in their respective fields as a resource for anything you are unsure of during your real estate investing journey. 

The most important thing for me was to make sure I screen tenants to ensure they would be respectful and responsible. 

Respectfully,Sean

@Jaron Walling I would have to respectfully disagree regarding not being able to use OPM to attain financial freedom.

Sacramento and Memphis also are doing quite well, as prices are up 6.7% and 6.5%, respectively, in those two spots.

This certainly has given me a healthy respect on some of the challenges faced across the country in real estate, development, and construction practices.

You also want to respect their time because this kind of agent are very busy and does not have much time for those that need to be spoon-fed.

Rents for the 4 “units” are 1300, 550 (discount to the downstairs shop owner), 700 and 950 respectively. 3500 total monthly gross. 8k yearly tax/ins.

I will be respectful of your time - I'm just trying to educate myself quickly and efficiently so I can soon pivot from education to action.

In order to determine if your property is eligible and ensure your assets are assigned to their respective recovery periods, a cost segregation study is needed.A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.