It's typical practice to look at out-of-state (OOS) marketplaces in order to improve cash flow, particularly in high-cost cities like New York.

Unless you're filing the tax returns yourself (not possible to e-file a partnership return if not a preparer), then the cost is usually a large barrier for a lot of people as they're starting out.

.= approx. 700My monthly cost for living in one unit= approx $1800 (which is what I pay to rent right now).

Hi All, quick question, I was thinking on get some temp cameras on my new rehab, as is an out-of-town investment 2 outside and 2 inside, the outside I will keep for the tenants after we rent, the inside is for the rehab process only.this will imply having internet in the house, I was thinking on offering internet with the rent as well, you think this will help on the rental, it will add security to the tenant and I will be able to see the exterior of the house, remember that I'm new on this so your help is highly appreciated.Internet cost is about $70.00 a month As always, thank you for your input !!  

I know there are risk involved like market down turn, not selling for ARV, higher than expected renovation cost, etc, but I'm really worried about people just taking the money and running away with it.

With the cost of living 9.8% lower than the national average.

My question is whether this will this cause issues with setting up the purchase price as the cost basis and depreciating the property accordingly?

We had to put temporary line, it costed $600, and I don't know how much it will cost when we do permanent repair.

ADUs in my market cost a lot more to add hands off than the value added.  

Thank you cinder block walls : )So my question is, how do I know if the insurance company is essentially screwing me on the repair costs?