Quote from @Sam Booth: Hi all, I have only had rentals a few months and my property manager (out of state rental) was great at first but now he has spent a large amount of money on seemingly small items like $1500 for a branch removal that fell off a tree in the yard, hundreds of dollars of yard cleaning (unrelated to branch falling) (Tenant is supposed to do this).

Very extensive capex budget in the files section by @ Sam Tato. 

Being an American living in Canada is a massive advantage I would take advantage of.

Even the American Institute of CPAs (AICPA) and the Journal of Accountancy recommend that cost segregation studies be done.

Quote from @JayCinta Henry: Looking to get qualified by hard and private money lenders, for Texas BRRRR projects.I would appreciate any and all leads. check out AAPL (American Association Private Lenders).

Sam

From the American Kennel Club "Take the age of your puppy in months and add one, and that is themaximum number of hours that your puppy should be able to comfortably hold it between potty breaks.

San Antonio is ‘Military City, USA’ and is home to 4 military bases (Lackland, Randolph, Fort Sam Houston, Camp Bullis).  

Does anyone have any ideas on if this is a good idea, and are there any tax strategies I can employee to reduce Uncle Sam's sticky fingers.

But, depending on the property you’re buying, you may not need to review every single one of these (this is where a real estate agent or broker can be helpful as well):Population and job growthHousehold median income trendsAccess to public transportation and amenitiesNeighborhood and school rankingsUnemployment rateCrime rateBusiness openings and closingsNew development activity that could help or harm your intended investmentProperty value trendsFair market rent trendsPercentage of renter-occupied householdsMarket vacancy trendsGross rent collectedMaintenance and repair expensesUtility expensesProperty management, leasing, and advertising feesInsurance expense including past insurance claims, need for flood insurance, and the cost of homeowners and landlord insuranceProperty taxes and potential increase due to change in ownershipProof that any sales tax collected on rent has been remitted and is up to datePhysical property inspections including structural and mechanical, wood-destroying organisms, radon, and lead-based paintTitle commitment on the property and legal descriptionMost recent ALTA (American Land Title Association) surveyZoning or use certificate for property in rural or unincorporated areasNew survey, septic report, and well water report for rural propertiesPhase I environmental report for property near industrial areasHOA covenants, conditions, and restrictionsHOA financial reports including P&L and balance sheetReview of seller financial statements including a copy of the seller’s tax return to verify income and expenses are true as reported to the IRS going back two or three yearsReview of tenant file including the lease terms and conditions, deposit amount, tenant application, and background and credit checksCopies of existing service contracts such as landscaper or current property managerList of all outstanding invoice and proof of payment for all work recently doneLien search to verify there are no existing worker’s liensHistory of insurance claims on the property going back three yearsVerification that property appraisal is for at least the contract purchase price if not moreCompare your pre-offer pro forma analysis to the seller’s reports to make sure the deal still makes sense.Good Luck!