Without that piece of information, it is impossible to measure how far they fell, thus impossible to measure how far they have rebounded.Take Midland/Odessa for instance, which by-the-way should always be counted as a single city, not 2.  

For instance, I am looking at a great property right now (which I am almost certain I will not get because of competition) and even my lender said how did you get this property in NYC at that price.

I am also looking for a PPC campaign manager and SEO specialist whom have extensive experience in marketing for real estate companies/investors. 

I'm still researching companies that would offer major support along the way including having extensive knowledge in real estate and taxes. 

It will be quite extensive (for us) as the property is in need of major renovation.  

Your cost basis = $89,902+$10,908 because $10,908 is carry forward loss.Now say you never sell the property, then this accumulated depreciation starts to help you lower the taxes as and when you start becoming cash flow positive. so for instance in year 20 if you were supposed to pay tax, the carry forward loss due to accumulated depreciation from all these previous years will lower your taxes to zero.Does the above seem generally correct?

For instance, if the garage has a slab floor, somebody would have had to jackhammer through it to install the waste line to the toilet. 

This build will require water line extension to my lot (currently a well) and a sewer treatment plant.

Personally, I am not comfortable with having the stress in my life that in an instance another persons stupid mistake could result in the loss of my entire portfolio and potentially jail time if your courts hit the landlord hard enough.

In some instances the opinions of equally qualified appraisers may carry unequal weight, such as when one appraiser has a better knowledge of local conditions.The appraisal report must contain a complete description of the property, such as street address, legal description, and lot and block number, as well as physical features, condition, and dimensions.