One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Either way, you have to sign an agreement if you expect to have an agent show you any property. 

And how they were expected to use their talents and multiply them.

If one can determine with relative certainty that today's tax rate is less than expected future tax rate then Roth makes sense.

WHAT CAN I EXPECT WITH A COST SEGREGATION STUDY?

For anyone starting out in real estate, I hope my story gives you a sense of what to expect (the good and the bad!)

I expect these loopholes to disappear.

For instance, if I buy a house 20% down, 5% closing prep costs where the rent matches the mortgage, interest and tax and assume a 5% rent growth and appreciation, I'm expecting an 11% total return which is just not good enough for the hassle involved. 

We are also considering an investment property loan so we could then stay in our current place and then rent out our 2nd property.Thats a good thing to keep in mind about STR revenue.How do you usually run your numbers and know what revenue to expect before buying a property?

So that helped.I personally wanted to be more conservative as I pretty much reach “the number” that I needed (note that what “I needed” is different from what “I wanted” or what I was expecting by default.)