Your cpa will be able to get the real numbers for the major components of the house.But you must choose a depreciation model and stick with it.

A DC initiative was also mentioned.As the story quotes Eric Grumdahl of MN, "we are asking landlords to affirmatively choose to house veterans who, frankly, in this market would be very easy to screen out..." - but if you have appropriate housing, having the incentives certainly helps!

Wayne Brooks I agree that this landlord made a bad choice in choosing tenants.

Your time here will be well spent.Since your interest lies in multifamily units, I added the below links for your review.https://www.biggerpockets.com/renewsblog/2013/04/09/how-to-buy-a-small-multifamily-property/ (How to buy a smail multifamily property)http://www.biggerpockets.com/renewsblog/2014/07/19/how-to-buy-a-duplex/ (guide to buying a duplex) https://www.biggerpockets.com/renewsblog/2015/11/16/how-to-choose-areas-multifamily-deals/ (Choosing multi-family deals)Now that you have made the move, below are some links that will help with the navigation of the site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)Before your 1st purchase, please ensure you visit the below link for some tips.https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/REI books suggested by BPershttps://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?

Whatever way you choose, I'd suggest just make sure you can repeat it later.  

If your goal is to be an active real estate investor and call all of the shots, option 4 is your best fit.If you want to be semi-active and call some of the shots, option 3 may be a good fit.If you are looking to add real estate to your investment portfolio but don't want to be active (similar to the stock you own in companies managed by others or mutual funds that manage portfolios of stocks) then option 1 or 2 may be a good fit if you align yourself with a good sponsor.If you choose options 1 or 2, whether you choose to do that with Praxis or any other sponsor, the most important component is to thoroughly research the company.  

So what I've sometimes done is pick and choose from their estimate what I want them to do, and what I want someone else to do because I think I can get a better price or better quality of work or both. 

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/startherehttp://www.biggerpockets.com/meethttps://www.biggerpockets.com/alertsHow to Use @Mentions on BiggerPocketshttps://www.biggerpockets.com/ruleshttps://www.biggerpockets.com/termshttps://www.biggerpockets.com/inviteshttps://www.biggerpockets.com/perkshttps://www.biggerpockets.com/forums/categorieshttps://www.biggerpockets.com/courses/a-beginners-introduction-to-real-estate-investing (video courses)https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)After becoming more knowledgeable and confident take action to snag your first real estate investment deal.Here are some solid tips before buying your 1st investment propertyhttps://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/Don't get caught up in analysis paralysis.Take calculated risks if needed and you shall be rewarded!"

If you were to choose a more modest lifestyle regarding your consumer spending, you would be able to leave your job substantially sooner....

How do I go about choosing the right city and what data sources do I take advantage of in making this decisions?