not cheap but pretty coolAlso when i have traveled around the Med..

@Robert Fornwalt  On top of property depreciation like mentioned already you could have advertising, auto/travel, cleaning fees, insurance, legal CPA costs, mortgage interest, maintenance supplies, and probably more.

At times, he travels for months at a time so we may also Airbnb the condo out.

I have a 9-5, and travel a good amount for work so I won't be able to do any maintenance myself.

Don’t be afraid to travel long distances to attend these meetings, years ago when I was actively establishing myself I attended meeting in Houston, Dallas, San Antonio and Austin, monthly.

Purchase price: $293,500 Cash invested: $30,000 A home that is used to house traveling military professionals.

Once I am financially free, I want to literally feel free and get my pilot's license and my own plane and travel the world.

If you’re juggling a portfolio of 100 plus units can you still have time to spend with family, travel, etc...

Last year I purchased a duplex and renovated both sides.Upstairs:$4875 in repair costs before in-service: Add to basis$2030 in repair costs after in-service: RepairDownstairs:$8650 in repair costs before in-service: add to basis$4350 in repair costs after in-service: repairItemized deductions-Mileage $350-Travel $482-Utilities $160-Mortgage interest: $775-Taxes: 630-Insurance $450Turbo tax recommends I take a standard deduction $12,000 for a single.

Actually travel to the area, see and know the neighborhoods, shake your teams hands (in person.)