Of course, remember that you can include any major rehab or upgrades you've done in your tax basis.

Personally Tyler is one city I would love to get involved in the future as they have good numbers on population growth, unemployment, income and rent growth.Other examples of landlord friendly states include TX, AL, FL, AZ, and OH.

Even though I took a few years off for my education and had MANY disappointments and failures along the way, including being wiped out financially due to some medical issues and having to rebuild, basically from scratch, I have learned a lot in my journey not only from Jack, but also from Seth Williams, Steve Butalla, Jill Dewitt, Adam Southey and many other names.

Financing OptionsAnalyze potential properties for house hacking.Assemble a team of professionals, including a real estate agent, mortgage broker, and possibly a property manager.

Using your duplex as an example, you want to be looking at leverage - what components of the transaction (including soft costs) will the bank finance and will they capitalize the interest reserve?

I do a LOT in Detroit (including my own stuff).In 2019 people were telling me I've lost my mind for investing there.12-18 months ago people were warming up to it as a "cash flow" plan.Within the last six months people are starting to realize the true opportunity.

Just include his offerings in the trashcan group.

I have a fully furnished home in Superior, WI.  4bd/2ba 2200 sq ftShould I include…..Utilities?  

I want to get a 3/2+ or 4/2+ and rent out a room to 1 or 2 roomates with furniture/utilities included for $8-900 each.

This is because I believe there are many good investment opportunities including many that are more passive or less risk than an OOS buy n hold property.