I am not willing to compromise on location or condition, which in the long run has a much bigger impact than a couple hundred bucks.It is absolutley okay to buy low or no cash flow deals as long as they are quality properties and:- you have an existing portfolio that cash flows and/or- you have good "cash flow" from your W2s- plenty of reservesWe have been through an absolute unicorn phase where you could invest with no money, build a portfolio that functions like an ATM.

Luckily we got in on the second phase of a development in a up and coming area in Bluffdale, UT.

I would love  to help you with your project.this stage would be whats known as your pre-development phase.

Commercial office space is tricky and is slowly being phased out of existence.

I would qualify as materially participating.Now, because annual income is over $150k our deductions are phased out on schedule E.

Currently I have another in short sale phase waiting on the bank to approve my offer and I've got a couple other appointments set for acquisition this week!

When I got it I thought it would need a total gut, but decided to do things in phases as the money was available.

Also you may not have 240v so large stove may not work, instead just use 120 induction cooktop, available in Amazon for few hundred only.

They all spoke very well when I was in the sales/buying phase.

We worked with engineers and architects to complete the design phase alone and combination of a General Contractor who pulled the permit for us, our subcontractors, and our in house renovation and maintenance team to complete the work.