I would feel safe using the security deposit on smoke mitigation on turnover which might include kill/paint purchase of ozone machine steam cleaning or replacing carpet etc. remember to account for useful life if replacing.

Purchase price = x Cash down = 0Owner Financed amount = x  interest rate = xMonthly interest only payments to seller = x 20 yr. term = x so on and so forth with gross PP?

How long after I purchase the property do I have to move in?

This means you would still get the 200% MACRS on most/all assets that would otherwise be subject to bonus depreciation.Funnily enough, Ohio is not one of these states for my tax preparer friends who are looking for another reason not to work with Ohio :) (I live/work in Ohio, it's a wacky time).

Hi,I have the course that I bought last year (November 2008) and since that time I have made quite a few contacts and purchased a few pools of notes using the information from the course.

My idea was to build a single family ADU since I researched that the you need 1200 sqft of land per unit and the lot is .1 acre (4356sqft) so the lot can only allow one more unit. how much would it roughly cost to build a 2 or 3 bed adu?

Looking to purchase a duplex tenant is month-to-month and the other has a 12 month lease that ends in April 2025.

Landlord friendly and low property taxes combined with how close it is to CA it makes visiting properties and building a team easier. 

This includes the bed frames and mattresses, both of which are the Zinus brand off of Amazon (shout out to Robuilt for the recs on those!)

Would you mind explaining what house hacking is for you and your friend?