Limiting your capital to purchase more deals. 

This might be little confusing, but you might have tax loss, but still have actual cash flow from your rental because of depreciation(known as a phantom expense where there is no cash outflow).There are various stuff that you can deduct.Rather than giving you the entire list, let me say that you can deduct expenses that meet these two criterions: Ordinary Course of BusinessNecessary in the course of businessHere is the list some of the items:1) Mileage: any mileage that is associated with the rental activity.

The reason I believe that wholesaling would be best for me is because i have a limited amount of upfront cash but I have a pretty good credit score.

I’m surprised the co that did the assessment won’t provide financing but it will end up being their loss.

where is the best place to buy Shaker Kitchen Cabinets on limited budget in Phoenix, AZ?

@Nimster Win Sorry for your loss.  

Unfortunately because it is my primary residence and it has not been two years Fannie Mae regulations won’t allow me to count that income towards my debt to income ratio of 45% limit.

This puts me way above FHA limits for a duplex with a $310k purchase price.I am very happy that I learned this before putting up consultant fees and earnest money.

Sometimes, you just need to cut your losses if you can try to get rid of what you have and hope that you have some better luck on your next one. 

The town that the property is in wants a heat loss study done.