After purchasing our 1st home in 2003, we set out to purchase and build several other homes to live and rent.What I do -For over 20 years I was an IT professional dedicated to the web and mobile space.

There are also many accountants and bookkeepers that could help you get set up right and make it much easier to keep this all organized and optimized so that you can maximize your deductions.

Web

I already made one mistake where my first tenants just kind of placed things down there and I hate that but it is my mistake and I'm hoping to learn to control and optimize this situation.Thanks!

I do want to be realistic with my outlook, but I don't want to lose my optimism.

Fact: CASH is KING ...Hypothesis: Buying with CASH is sub optimal (most of the time) ..... and loan is better. 

Like most, much of my research comes from google searches but I would like some feedback from actual locals that would help with specifying an area that a duplex would optimal in.

Great thing about this web site... if you post a few questions you're likely to get a few answers....

Water is a rather small component.However, let me expand this a bit: in my opinion it's not worth your time and energy to optimize small multi family's on NOI, because the value is typically not calculated on a cap rate.

What's the hardest task it optimizes?