Phoenix was extremely overbuilt in 2005-2008 and then when the market crashed, there were no buyers for the glut of excess inventory.

By doing this, the excess paper losses created by an engineering-based cost segregation on the building can be used to offset business gains.

My biggest concern would be noise, I'd make sure to have some sort of clause about excessive noise and include loud, continuous barking speicifically as an example in the clause.

In my business we pay around 2700 a month for warehouse storage for our excess inventory.

Depends on perception what is wrong and right, but I would have to agree with Upen since you said you bought the 2nd home as a "primary residence," with intent on living in the property (so you mentioned to the bank) and then mentioned you went back on your intent and rented it out since day 1 there by defrauding the lender to obtain primary residence terms while the real intent was to acquire the property as a rental property/investment.As for the other question you mentioned can you keep buying primary residences with 5% down (in US only) you can as long as the scenario makes sense and the loan amount is 417k or lower (10% down is required for loan amounts in excess of 417k loan in certain areas of the US, dont know about canada).Good luck to the loan officer who works on this scenario, because he or she would be putting their professional license at risk for collusion with the borrower.

The excess dirt was used to fill in some low spots and some grass seed solved the rest.Some time later that man too converted to gas heat, pumped the oil across the street into his neighbor's tank, pulled out the fill and vent pipes, and 95% forgot about his buried oil tank.Fast forward thirty years and the man was pondering selling his house.

During housing downturns I find I can purchase properties from other investors who borrowed excessive funds to buy real estate.I guess(if it were me) I would do one flip per summer and accumulate rentals as I had funds.Like I said, no one can tell you what to do.Good Luck on your properties and your decision.Bill

I know a lot of times we get hyped up over hearing about “no money down deals” where we can invest in real estate without really giving anything up, and as amazing as those deals are, the reality is for most beginners who don’t want to wait several years to save up the necessary funds or don't want to dabble in wholesaling, the answer is liquidating unnecessary or excessive assets.For me, the money to invest in real estate was sitting covered in my garage, its wheels roughly 3” off the ground and supported by 4 jack stands – and it had been sitting there that way since the last October when I returned home from one last cruise through the crisp fall air.

That being said I do believe in diversification and want to start putting money into this type of investment with excess cash flow.  

Anything I make in excess of 4.2% adds value on top of what my cash value is earning.