Look at places like Texas, Florida, or parts of the Midwest for better returns.The key is building a strong local team (property manager, agent, contractors), visiting the market if possible, and making sure the numbers work after management costs.

But here's the deal: paperwork is the backbone of the whole operation.

I do know that the pricing varies based on the unit count as well as what level you sign up for; but overall, it's super user-friendly for tenants, PM's & owners.Plus they're always updating their software and adding new automation features to make everything so simple as well as well as great customer support. 

I have turned down a few apartment scenarios because I am not educated in the commercial arena at the time.

What if you buy the property and discover you suck at managing the tenants and property?

I'm interested in real estate in the Chicagoland area. 

I think the biggest hurdle you are going to have is establishing experience.

Is it parts of the floor or the entire floor?

Bonus depreciation will decrease to 40% next year, but we are hopeful to see the bill passed to extend the 100% bonus deprecation in the future.

I’m Gregory, a private money broker at Over the Net Capital.