Spend the money on flight and hotel when you acquire the property to thoroughly inspect the property and put together a detailed improvement plan.

I plan to convert it into student rentals.

The part that I'm caught up on is that in IRS Publication 523, page 11, it says the following, which is where I think my situation is a little different because I rented out bedrooms rather than units in a X-plex:The home is under my name, but we were planning on filing jointly.

Make a plan and work it.

Offer seller due in four years balloon, 30 year amortizing payments at 5% in writing and see how they counter.GET QUOTES for hazard insurance NOW and have agent walk the property.Well?

I am checking out this house I found in mls , year built was 2017 and it is being sold for a slightly below market value price , something scares me about it though ….i saw “This home currently has an open insurance claim with an open roof permit, and lien for the roof.

It’s a sole proprietorship.Wewe want to use her condo as a rentalFor tax purposes we plan to file separate every year because of her high student loans. 

Jason   we just did a project where I brought the land, capital partner and I negotiated. they build all cash for a 720 square foot plan we build that sells at a premium here.

In PA the water company offers sewer and water main insurance protection. 

@Sam ChicquenSam, little late to this but I’m an investor/agent based out of Tampa Florida.I like Tampa and the surrounding markets for its cash flow and appreciation potential.There are still a ton of mom and pop investors that own commercial multi (5+) and I’ve had some good luck connecting with these owners and purchasing from them.The last deal I did was a commercial off-market value-add multifamily and was able to secure seller financing.Downside is flood insurance has gone crazy down here and can really kill some deals.Happy to help you with your search.