(I just got the $75 fine removed which had been stuck in the 2 week delay while I addressed the 72 hour notice letter)Overall, be aware of the increased scrutiny and immediately communicate if you receive a letter from the city.I am happy to help if anyone gets a violation letter and needs assistance, I'm now on a first name basis with the Department of Neighborhoods :) 

Yes, title co.s do this every day.

He says to do 10 things every day for your business.

He says ICE and the new immigration policies are already affecting his hispanic renters and he see's his business and his landlords starting to suffer.He is returning to Portlandia ( he never gave up his business here but its not nearly as big)Anyone in the Phoenix market experiencing this.I know many investors who got totally wiped out in 07 to 08 with 4 plex's 100% vacant.. of course not predicting that as I have no way of really knowing.. but this guy has a pretty good finger on the pulse of the everyday PHX renter.He said ICE is rounding folks up and deporting them when in the past they just kicked them back out on the street.Anyone hear anything to corroborate this or disagree ???

Remind yourself that the house is a future rental on a daily basis so that you don't buy expensive/overpriced fixtures (my fault).

The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company  (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2016, the solo 401k contribution limit is $53,000, whereas the self-directed IRA contribution limit is $5,500);The solo 401k business owner can serve as trustee of the solo 401k;The self-directed IRA participant/owner may not serve as trustee or custodian of her IRA; instead, a trust company or bank institution is required;When distributions commence from the solo 401k a mandatory 20% of federal taxes must be withheld from each distribution and submitted electronically to the IRS by the 15th of the month following the date of each distribution;Rollovers and/or transfers from IRAs or qualified plans (e.g., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

Depreciation is a tax deduction based on the cost basis of the property and appreciation is the idea that it will increase in value over time which doesn't really work too well with mobile homes although the land will probably increase in value over time there's no guarantee of that either, it could stay even with inflation or even decrease.

I'm trying to learn more every day and get a better understanding of the ins and outs of real estate investing.

Everyday I go to work, I expect it.

Hi Evan,To add to Sam's awesome response, you can also use the sales comparison approach, where you find similar properties in the market and look at what they sold for on a per unit basis, fand use that to estimate value.