In Texas, it is easier to cash flow positive, so essentially if you buy a property the provides good cash flow but the price of the property stagnates over time, your still able to make a profit due to the positive cash flow.  

Those that ask more typically have much longer periods of vacancy between renters, and often do not have renters renew their lease.

Inspection deadline is tomorrow.Thanks again everyone :)___For Context, boiler details:Approximate capacity: 105,000 BTU/hrEfficiency: ConventionalExhaust venting method: Natural draftApproximate age: 38 years 39 years 40 years 41 years Near end of life expectancy Typical life expectancy: Boiler (cast iron) 25 to 50 years Main fuel shut off at:  MeterFailure probability: Medium Supply temperature: 180°F The following issues were noted at the time of the inspection: 1.

So essentially its a breakeven cashflow opportunitiy.

Hi Chris, I get that the most frequent and biggest delays to closing are typically from the originator, whether it is from an institutional lender or mortgage broker.

If you want to avoid the typical construction loan process of getting draws upon milestone completion, you are likely to have to go the private financing route. 

What are typical fees for managing your larger property?

Then you essentially said "I am working with you and you only.

Typically that is 30 days.

So, you will benefit from deducting depreciation for 3 years, but then you will have to return this temporary benefit when you sell - essentially a wash.And, as @Jon Holdman said, the deadline is firm, cannot miss it even by one day.And - very important - the rule assumes you do NOT move back.