Why is 30 days no good, but 31 days okay?  

You get the write off for the repairs and still collect 100% of the rent so there’s no question down the road about gat happened to the missing rent.

If there are no bidders, the judge will quiet title to the property in the investor and order the clerk of the court to issue a clerk's deed.  

“Tenant”Sorry I have been working no time to reply yesterday.

I'm not saying you can't find deals but buying 100 year old houses with no upside in value or forced appreciation is tough.

Thanks, we've asked and paid 3 CPAs, 1 was a "tax strategist", no strategies or real understanding from any.

I have no job, bad credit and no savings.  

Quote from @Steven Gesis:  Important takeaway is due diligence review, not only deal level but sponsor track record - yes, past performance is not indicative of future results, but at least it's a metric to review.   

No need to change zoning if it's already a LTR property. 

Hi all,I purchased a two-unit home a few years ago as my primary residence with a conventional loan, and was told by an accountant that there is no reporting or extra tax forms I need to file as long as my tenant in the upstairs unit is paying less than the total of my mortgage.