Before I describe the process, it is important to understand why location is so crucial.The location of a property determines all long-term income characteristics, such as whether rents will keep pace with inflation and how long the rental income will last.The process involves eliminating cities that are unlikely to provide long-term income that you can depend on.

But he made the mistake of renting it for the just over three years, eliminating the ability to avoid the capital gains.

We really made an effort to eliminate cash.

So, eliminate the tank, extend the life, right? 

When that is the case, it qualifies to be removed off the FEMA Flood Map, which eliminates the flood zone designation, eliminates any lender mandate to purchase flood, and allows you choices to cancel the flood expense altogether.  

In certain parts of Long Island, they are trying to eliminate accessory apartments.

Things can get costly and if you need some ballpark numbers on things to help eliminate lemon properties feel free to reach out.I also have a lot of experience in Baltimore in multifamily where I own and manage them as well as the DC suburbs.

That can eliminate your housing cost and help a lot towards saving some reserves.

Standards are established for the explicit purpose of eliminating risk. 

I've moved here from Huntington, West Virginia and love the idea of minimizing or completely eliminating my cost of living expenses.