During the course of the 7 years, a caretaker will live in the basement and will maintain the property and perform other duties in exchange for a reduced monthly charge.  

We are trying to reduce sound transmission between our ground floor and the second unit apartment, both of which are completely finished.

More than once, I've heard of low rise buildings with free wifi, community rooms and inexpensive rents, reduce rents for the adjacent properties.

The FHA program was set up to reduce the risk that lenders see for certain situations.

But if the community can somehow help me reduce either the purchase price or the repair cost... then I'd be happy to invest my money.

If you are truly running a business then....If you purchase a new computer, with the latest window operating system, you will not be able to install QuickBooks software prior to 2016 (I think).Last food for thought, as new software are added, the use of new functionality reduces manpower, time and money.

To use RentJungle, I put in a the location of the property and a range of posssible rents, then looked for comparable rentals.To get a better future estimate for the property, I went back and changed a few of the inputs:Renting all five units at $650 per month, and including property management, this property would get a relatively decent amount of cash flow.Conclusion: Value add opportunities such as fixing up the fifth unit, increasing rent to just below market value, and reducing utilities fees might make this property worth purchasing.What else do you take into account when evaluating a property?

Many county's are actually REDUCING Millage rates, as property values have risen so drastically that their coffers are full beyond any previous records...Can You beleive Government NOT being "greedy"..they can't SPEND any more!

However, I do think it's a slower game as the leg work required to compile and update the data can be time consuming which reduces output.

Their net loss was $29,319Turbo Tax separated the two and both had net losses.My AGI was low enough to allow up to $21,805 in deduction, but…The rental homes loss was less than the passive-passive loss so it was used to compare to the $21805 to reduce income by the lower value of $11,454 which was placed on the 1040Part III goes on to calculate “Total Losses Allowed”It sums the net income of the active and passive, passive activities on Line 10Then Line 10 adds this to Line 9 which was the overall net of only the smaller active passive loss.