For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

The other couple: the guy had an eviction, both have bad credit: 500  and 400.The last couple said they guys mom had health issues and he quit his job to help her... 

An eviction how long ago?    

Last year, I purchased land and am in the process of building three additional villas, which I plan to sell in about nine months.

For example, how long has the single guy been at his current job?

Hi folks I previously posted about a 5 bed 4.5 bath house for sale at 590,000 and has been up for 60 days. This house has an FHA loan that I can take over and all in it'll be 2k/month. however, the amount left on loan...

However, I have already found an opportunity I feel I can not pass up, even with as little knowledge and experience I have, and am looking for any and all advice and thoughts on my first move into real estate.A life long best friend of mine has been offered by a family member for $20,000 to own outright a 3.5 acre lot with a run down mobile home on it.

S&P over last 10 years has returned over 4x my lowest rates. 

We wouldn't have any plans to rent the garage conversion out long term, it's just mostly extra space for us.Or (in theory, if zoning/permits line up) can I convert the garage to a guest suite without the separate address/utilities?

Solid income, and pay increases, often offset "stupid mortgage rules," like the 75% thing that everyone knows is too conservative, or letting departing residence rental income offset that mortgage payment but only that mortgage payment (you can't "use" the "change" anywhere else).One practical problem that I've experienced in the last ten year  is that since it's househacking, some banks can accept multiple leases into one home, some can accept single home only, and some can't accept it all.