Ideally, you want to be cash flow positive (not including depreciation), but then be negative when including depreciation as you can use the paper loss to reduce your tax burden.

After years of grinding hard to create my businesses from zero, I have a little freedom in my schedule to exercise and meditate. 

Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely not qualify for a loan mod at the moment, good amount of equity.She works in the medical field, just took sick and fell behind.I was thinking of offering to pay her 10K in arrears and creating a 2nd mortgage @ 10% interest.if she defaults, i can foreclose,  as there is a bunch of equity there.any thoughts of a better scenario that i can make more of this situtation?

I bought my first home in 2017 (major fixer) in the SF bay area and completely renovated it including building an ADU, adding a master bath and bed as well as updating just about everything.

Obviously aware of the major costs to consider (down payment, insurance, closing costs, etc) but was looking for help on other costs to include during that evaluation.Rehab costs will be specific to each property but just wanted to make sure there wasn't anything major I was missing! 

Trying to understand the Net Profits Tax structure and filing and I have a few questions:1) My understanding is that out-of-state rental income is subject to NPT though a credit is applied for any taxes paid to another locality (state tax not included).

Then write up your own statement explaining it, to include the amount of rent income lost (or other expenses) due to the delays.

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

I have heard of a few different ways to do this including the waterfall method where the investor receives 75% until their investment is returned and then move into 50/50. 

Considering your facility will cater to a wide range of storage needs, including RV/boat storage, semi-truck parking, container storage, and contractor yards, the name should encapsulate the comprehensive nature of your services.