And the TCJA resulted in some IRS updates on section 179 depreciation and bonus which allow potential full dedcution of a roof on the property all in 1 year https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-cuts-and-jobs-actSo you just get to deduct the entire roof in 1 year, and follow the revenue code.  

Drop the hammer now and cut your losses as fast as possible or the bleeding will continue, otherwise hang on for a wild ride and it won't be fun.  

@Christopher Blanco,Looks like a nice fix job, though perhaps some corners were cut on the hardwood floors and in the basement.

Hello BP,I am looking at a 6 unit in Chicago listed for 360k and am using sellers listing agent to represent me as a dual agent and she said that seller cut back her commission and wants me to pay a $2000 finders fee.I am confused because doesn't she get both sides of deal?

If you are able to get a price reduction, know what one of your buyers was willing to buy the property at and come in below your buyer and make your cut. 1.

I’ve lived in Kenosha my entire 28 years and am taking real estate agent classes this winter so I can cut out the middle man when investing.

I don't think there is a clear cut answer as each has pros & cons.Both SFH or MFH have issues and typically MFH cash flow better.

You want to move up the 80/20 leverage curve from technician to investor/entrepreneur.In Bridgeport, CT and New Jersey the investment is about 10% of rents collected which frees you from taking resident phone calls, coordinating maintenance, leasing vacancies, accounting P&L's, conducting inspections and making property payments.Owners often times suffer from "death by 100 cuts" when having to handle all of these small items, missing opportunities to achieve bigger goals.

Members of that organization tend to (though not always) be a cut above the rest.

“A river cuts through rock, not because of its power, but because of its persistence.”James Watkins