Because in my world I am the star pitcher.

But since I am wanting to provide substantial services, laundry, meals, cleaning, it looks like I do not even have the option of reporting on Schedule E. 

I am confident the land will appraise by itself as smaller 1 acre pieces are going for 20k a piece right next to it.

I bought a house at a foreclosure auction and am in the process of signing contract and preparing for closing in 30 days.

OK thanks everyone - I appreciate the quick responses - I've confirmed my deductible with State Farm and its not worth claiming anything under $4K and yes I am getting a discount due to my zero claims history.

Hello Everyone,I am currently in the process of opening a pack-and-ship store and am seeking a suitable rental space.

I am not interested in running or being involved in the business.

I could continue to build on credit but am uncomfortable with tying up such a high percent of my capital in a single investment.

I'm currently reading "The book on rental property investing" I am  really looking into soaking in as  much information as I can.Thank you !!

I can help in that department if you want to list properties.If you wanted to connect sometime I am happy to grab a coffee.