Here in Dallas there is a lot of seller financing but most investors only want to put down 5% and most sellers will laugh at them and what make it worst the investors cannot show three years tax returns or banking info to prove they can make the payments.Joe Gore

I fear the rules in Oakland make it pretty tough for us to do much, but I'm not sure. 

When I first started I let all of my calls go to a pre recorded voicemail...had a lot of hang ups and even the people who left a message I had a tough time getting them to answer again.

Or is that their "tough nuggies" and they are out $25? 

Now i have always been avid about long term planning, but 20 to 30 years was a little outside of my scope, then i started reading autobiographies of real estate investors, warren buffett, and other instructional books that proved to me this traditional method is not law.

Might be tough to do this without a cost segregation study or a specific allocation in the purchase agreement, but definitely depreciate over shorter lives for these type of items you purchase for the unit.

I know it is real tough to do that in my area (Northeast New Jersey), but we have ties in Buffalo, NY, so we are looking to start up there.    

And of course it's tough to get paid when the tenant has little to no money to pay with.One way is for the landlord to keep bill in landlord's name and to bill tenant for utility usage.  

You stand a chance to get a business loan as long as you guarantee the loan and can show bank statements and income to prove you can repay the loan.Joe Gore

(our least favorite option and we don't have a lot of cash right now)It was great that we were able to purchase our first property and it is going well but we really want to accumulate more properties and after you spend most of your cash to get the first one it is proving difficult to get a second one.