Non-cash deductions: depreciation on your property, improvements, equipment.

The house looks and like a duplex, has two identical sides (2 br / 1 ba ea).

From experience my condo rents are lower because you are competing with other owners with identical properties that can drive down rent prices to keep units occupied.

My wife and I looked at a property on Saturday that sounds almost identical, just curious...We passed as we had a tough time evaluating comps.  

Zillow estimated the duplexes in the area (all almost identical to the one I'm looking at) at about $100k - $110k.

We've had 2 instances of tenants' doors being broken down - one by the police in a case of mistaken address-identity (the city later reimbursed us for the repair), and one by an alleged robber.

In lieu of some photos, I'm going to post a link to our HRV Homes YouTube video that I whipped up one late night - please excuse the audio - I don't have any fancy equipment for recording yet.  

Nothing to that extent, I know someone who has an identical lot on the same street who is regularly getting offers for 15k-20k, so when I won the auction for 4700 I figured even if I run into minor problems ill make a decent return.

Gerald Swanson Circuit breakers for HVAC units very rarely trip unless there is some problem with the equipment.

Make sure you guys get a good deal first of all that way you guys get more income so in case you guys need to be paying for repairs, equipment, appliances, or any others expenses you guys have enough cash flow coming in to meet any expenses that this property throws your way.