Looking at your balance sheet to determine current and potential future equity (which can be tapped into down the line via cash out refi's or sales) is also part of the accounting equation to determine how successful each investment is for you.

If your parents don't have the money to make the necessary repairs, why are you determined to keep a rotting house? 

These questions will help you get started in determining what types of markets you should invest in.Best of luck!

This will include purchase price amongst other items2) Step two - breakdown of building & land basis3) Step Three - determining date that it is 'placed into service'

Public transit is about the government determining where you go, when you go, and how you get there.  

You're only able to do that by doing a great jobWhat criteria do you use to determine "A + real estate" 

There will need to be an appraisal to determine the value of the home. 

Since the basement is rented, you will prorate your property value to determine "basis".

Determine what state ?

I am self employed, determined, passionate, and hard at it, I'd be willing to do all work needed to subdivide this property.