This is doubly true if you will be going the turnkey route or hiring a property manager - if you want to invest in C/D areas because your research tells you that's what aligns with your goals, make sure it's in a market you can manage yourself (an hour away or less by car).

For example: you install a air conditioning unit in 2009 and depreciate over 27.5 years but then it fails 10 years later in 2019.

The whole house needs a deep cleaning, fresh paint, doors replaced and an air conditioning unit.

We should have hired out more work, but we were worried about making a profit.

We should have hired out more work, but we were worried about making a profit.

My husband and I are nearly finished with our flip.  We are thinking of listing it for sale by owner as we finish the last details.  We plan to use  a real estate agent once we are finished.  The interior is finished,...

I was happy with the current tenant and the immediate cash flow, however the previous owner had hired a property manager who had "rights" to the tenant she put in the home for eternity (15% a month management fee).

Weather stripping Doors (rear house door) – better seals, light and air getting into building Glass in same door is cloudy – thermal insulated seal failure Back Decking: The deck band adjacent to the deck steps has cracked, which is causing the deck to exhibit signs of sagging andfailure of the floor structure, which could result in deck collapse.

I need some sort of protection as I hire them often daily I have another neighbor who is in California and does much less construction than me. 

Hey JesusMay want to hire a tax proMost of those expenses related to that new property don't get deducted.