.” – MIT Center for Real Estate: Real TrendsThe Urban Land Institute predicts the apartment housing vacancy rates and rental rates will rise into the next couple years but start to taper into 2020.

It doesn't matter if you closed on 12/31/2018, you still have two months of interest that is properly allocable as 'investment interest expense' per Treas Reg §1.163-8T(a)(4) and Treas Reg §1.163-8T(c)(4), which as already stated, is an itemized deduction on your personal return to the extent of investment income.Highly encourage you to speak with your tax CPA/EA about this...or onboard one if you don't have one.Treas Reg §1.163-8T(c)(4)Allocation of debt; proceeds deposited in borrower's account(i)Treatment of depositFor purposes of this section, a deposit of debt proceeds in an account is treated as an investment expenditure, and amounts held in an account (whether or not interest bearing) are treated as property held for investment.

Again, there are some syndications that allow you to purchase tenant in common interests in the real estate itself and these qualify for 1031 treatment.

Purpose: The Neighborhood Service District allows for convenience retail shopping, personal services, and professional offices principally serving the needs of the neighborhoods within and around the village center.

Mold treatment for the bathroom and the ceiling had to be replaced.

If your interested please leave a reply.Hi Tiffany, there is also an investor meetup that's completely free, hosted by @Melanie McDaniel at the 1st Class Real Estate resource center in Virginia Beach.

@David Hiltbrunner For sure...looks like a bit of revitalization in city center...still need to get to Phoenix Brewery...looks pretty sweet.

This is my first post here and it’s centered around using condos as investment property.

Do you mean there are free standing large  single tenant buildings and then the small strip center with a few tenants in it?

I really like the idea of 1 minute investor introductions centered on what you're investing in, any obstacles you're facing, and what you're looking for from the group.