Unfortunately, based on what i have learned, I don't believe your idea can succeed for numerous reason, the biggest being the industry will not allow it.

This will reduce your capital gain when you sell the apartmentKeep Good Records, Under the IRS's Schedule E there are spaces for numerous categories of expenses.

Both are great and you will meet some very knowledgable people from a variety or areas within the field.

Hi, new landlord here with just under a year into rental property.I have read through numerous posts about this but wanted to ask the question, do you have tenant pay all utilities?   

Obviously, it's impossible to remove risk entirely, but we have a variety of ways in which we reduce risk pre and post investment.

I have been doing them manually by buying lists from list source and creating yellow letters here in my home office.I know that I need to increase the # of mailings for each campaign and also use consistent follow up mailings.There are numerous direct mail companies out there, ie..

There's even a special name for the Rednecks of my particular variety: we're called Three-One-Fivers.Quick MLS search turned up a distressed REO about 30 minutes from Downtown Rochester and all the major employers in the area: http://www.century21galloway.com/real-estate/MLS-S...When it's done it probably rents in the $900-$1000 range, depending on the rehab.  

Walid Elfoly I work with a hard money lender that can provide a variety of different products at better rates than that with proof of stabilization.

With gurus near and far advocating wholesaling as a great way to get into REI with no money, most deals have been stepped on numerous times by people copy and pasting emails then re-sending at various prices to their own 'buyers', many of whom are just other Bird doggers doing the same thing.

I am currently working in Business Development at Buildium and have been on numerous calls with property managers from 0 (just getting started) to 1000+ units.