I wouldn't go for a condo, as the HOA fees and restrictions could affect your ability to rent it out, and the resale value will always be lower than a comparable SFR.

In your analysis, look at local rental apartments to determine income potential of any properties of interest.

There won't be a test or screening to determine your qualifications.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

Originally posted by Patrick K:I agree as well, however I HATE my email client for my website and love using gmail, but I would never send an email from anything but my company account.If I could find a email client that is close to gmail or somehow mirror my company email account through gmail I would be a happy man.Gmail definetly has the ability to send/receive POP3 email from other domains.

This is really our jumping point to determine if we want to carry multiple rentals or just keep it to the one we have in Alexandria, VA.

Since in Florida there's only one major insurance which is run by the state it's called Citizens they require an inspection in order to determine if they will insure you or not.And yes if the inspector gives your roof no life left this they will not insure you.

Quote from @George Goldstein: Quote from @Theresa Harris: Even if you did buy a $1M house for $500K, your property taxes are based on assessed values and the city uses the size of the home and comparable homes in the area to determine that value and in turn your property taxes. 

Now after the fact, he sends us a bill that basically outlines taking care of all the same things the other bit mentioned, but he is  wanting 23K after the fact.  

And there was no chance in hell that my investors would not get their money back: I had confidence in my deals and my ability to manage contractors and enough of my own capital as a risk buffer.