I hadn't considered that particular tax efficiency but it is critical in the Seattle area where the values are going up so fast.

Our company recently went under contract for 11 acre in Mesquite, TX (HOT MARKET) at what I would think is a steeeep discount..the only way to really know if it's a smoking deal though is to find out if the city will allow us to build.The land is currently zoned AGR-NEC & would like to rezone to SFR or MF to build apartmentsMy concerns are there's large power towers & a small creek running through a portion of the land, don't have a survey on hand either.If anyone has experience dealing with city on rezoning & wouldn't mind dropping nuggets, I would greatly appreciate it! 

It's a good read and very informative, but I'd like to systematize this information to more efficiently analyze properties and obtain rehab estimates.

Especially with the past few years we have experience times of prolonged power outages due to storms.

While it's nice to own a walgreens, I can afford 10 retail condos for the price of a walgreens with the power of leverage. 

Obtaining your license is a powerful thing to do as an investor.

The rates are still increasing, I have seen it is increasingly difficult for buyers looking for that first househack to be able to make the numbers work and retain purchase power.

They both want power and the spoils that go with it.

Supper efficient, everything new, and very marketable to rent or sell.Just my thoughts, maybe I'm way off in the weeds with this but the labor for this house is cheap.Mike

It has been under bank ownership and run by the bank since January now and I know that they ar enot doing the most efficient job, I cna only assume it was the same for the previous owner. the property was purchased by the previous owner in '04 for 1,660,000 so I cna only assume he had too much debt and was not operating efficiently.rents are:48 1BD/1ba units @ $37520 2Bd/1Ba units @ $4754 3BD/1BA units @ $575currently 77% occupied.I have yet to tie up the property for further due diligence, but from what I have noticed thus far the roof and windows are quite old.