Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

You could do this if it debt covers, but it usually makes more sense to do a refinance as it will be more stable and provide better rates

Partner Driven was attracted to the S Homan Ave property in Chicago, IL, due to its potential for a high return on investment with minimal renovation costs.

How would I value it if my plan was to erect another unit?

I was also able to get the seller to provide all new furnaces for the two sides.

.- Neighborhoods to Avoid: Are there any areas that I should steer clear of due to high crime rates, low property values, or other red flags?

Does anyone know an agent/manager who can provide insights on the tenant screening process and possibly guide us in the right direction?

HELOCs are variable rates and it's highly likely that they'll actually be LOWER in the near future, why not bet on that?

We had access to one and were about to sell but the irs told us we had to pay it all IRS has nothing to do with property taxesIn addition at death the taxable value is adjusted to the value at time of death. 

I have tenants pay it directly with the utility provider when possible.