I'm looking for my first property (live-in duplex, triplex, or fourplex) and after running the numbers, I found one that cash-flowed pretty well for a reasonable price at conservative estimates (plus my wife loves the house).

The annual tax savings would make a full 1+% cap rate difference.Do you guys typically factor in depreciation tax savings when running the numbers on a large complex?

However, the water company now requires that, first, a new meter pit be installed outside of the a home, a new second service line be run underground to the basement, etc.  

A question on fair housing for our legal eagles...I have a unit which I think is going to turn over soon. First time for me! For various reasons, I'd really like to get a tenant in there who has personal roots/ties in...

Planning on taking the next few months to soak up as much knowledge as I can before diving in.Looking for recommendations on markets that can cash-flow and aren't too sketchy so I can start learning how to run numbers and examine an area (just in view mode right now, but might as well be in an area that I can dive into when ready).Currently live in the SF bay area, so there's really not much local that works.  

I think my kabbage is a great vehicle, 3.5%/mo for first 6 months then 1%/mo the next 6.

Cate Mee If as the other poster said, lots of development being done in SA, and with your site being free and by Riverwalk, seems like a good story.You need to run a proforma.

The house has natural gas lines running to the gas furnace, the kitchen and the laundry room. 

It might not make sense to do a 1031 exchange.In PA, state income tax will be due on the gain even if you do a 1031 exchange.You will have to pay a qualified intermediary (QI) to handle the 1031 exchange; that might run in the ballpark of $1000 or so.If you already held for a year, you are now into long term capital gains tax rate rather than short term.

I keep a running log of all properties that I get financials on in Berwyn, where I invest, so that I can know what expenses should look like on properties when underwriting.