In this forum the question to invest for cash flow or appreciation or a combination thereof is discussed regularly with a healthy dose of exchanges of opinions and personal experiences.

Good day James Capovilla amesNZ is at the top of the cycle apart from probably Wellington.Sounds like you are starting up, so I suggest you join your local property investor association and regularly read the nz property magazine.

Perhaps for the rest of this year they will want to calculate their tax burden regularly and make sure they are setting aside enough to cover their taxes.

If you start to do several projects a year and use the same contractors regularly, you can build a relationship where you can call them to meet you at a property ASAP so you can put in an offer knowing what the cost will be.

I understand regular wear and tare.

My concern is that it based on my limited experience, the insurers are regularly going to "change the numbers" on me right after I have closed on the property and written the insurer my first check.

This loan could be a regular cash-out-refi or you could obtain a Home Equity Line of Credit (HELOC) on it. 

If a distribution is nonqualified, some of the assets (generally the earnings) may be subject to regular income tax and a 10 percent early distribution penalty tax.Tax laws require Roth IRA assets to be distributed in the following order: regular contributions, conversions and retirement plan rollovers, and earnings (IRC Sec. 408A(d)(4) and Treas.

They will fail to pay the bills (including rent to you) on time and regularly, they will fail to do the yard work, they will fail to maintain the interior and make any necessary repairs that come along. 

I'm a regular to the bigger pocket podcast, and I'm on my fourth bigger pockets book.On a side note, bigger pockets sent me the wrong book.