How do the tax benefits of depreciation work when there are two partners who both put in 50/50 and are both listed on the mortgage?

If there's nothing visibly wrong with the roof say, will you get a roofer out to every property before you put in an offer?

Depending on how much you put in determines the number of leads that go to you.

It is a " 2-unit " property , and that there are no 2-unit / multi-family properties in the area to compare the property to...I.E. give an appraisal value on the propertyWelllll , over the weekend , I put in a closet, as well as got one of the two windows in the room operableSo I called him back today to tell him that I have done these two things, and he told me that the house ( all of the sudden ) will not go FHA 203K .What I don't understand, is that a week and a half ago, he made no mention that it wouldn't go FHA 20K , only that it needed a closet and operable window in the one bedroom ( to make it a legit window )He's saying ....

You'll put in some cash with no guarantee, but if you are confident the loan will be approved you shouldn't be hesitant to do what it takes to close. 

Our starting working capital was in the Multi Millions and it is hard to find deals, but they are there if you put in your due diligence.

I still want to put in a back up offer, obviously closer to the appraisal.

I've thought about paying off my student loans, but it seems like the more money I put in the bank, the more paranoid I get about spending it.Thanks for the advice, guys.

Originally posted by @Frank Casi:has anyone had any any XPERIENCE with a Chicago based co named profit from rental s(.PFR). a Chicago based turn key investment  rental company .. good or bad ,transparent and honest.. or not so much..any experiences would be gratefull On the top right there is a search function - you can put in "profit from rentals" and about 20 threads will come up

This will save you a ton of headaches going forward, so put in the time when it is most crucial...BEFORE the person signs, takes keys and moves in!