$2.5 Million dollar spec house in Berkeley Lake GAThis house is fairly near where I live and I've driven and walked by it multiple times.  

These are the amounts COLLECTED & UNCOLLECTEDThe percentages of rent are as follows:Jerry-32% - 10 days for AugustNik-68% - 21 days for AugustTo Nik (CURRENT OWNER)-$505-1767 #8$520- 1566 #5$250- 1588 #8$1275 x .68 = $867 + ($176 pre paid rent from 1767 #12) = Total of $1,043 due to NikTo JOHN DOE THE PREVIOUS OWNER:$200- R Smith$200- W Jack$490- J Hab$90- Kyley D$305- Lyn H$415- Harm W$250- Ra P$500- Vicky $100- Rin Mo$2550 x .32 = $816 + ($120 for Vic Wi /July Rent) = $936Uncollected Rents for August-$65- Ro Smit$285- Wi Jac$10- Ai Pi$5- Vic Wi$300- Est Mo$665 x .32 = $213 due to John DoeDue to John Doe (previous owner) - $936 + $213 = $1,149Due to Nik (current owner) - $1,043Difference due to John Doe= $106-------------------------------------------------------HERE IS MY ANALYSIS ON THE PRO-RATIONS: *(my response I had sent over to the previous owner)Settlement : Nik is owed $227.00 --------------------- Nik's owed total = $1043.00 $505 + John Doe Collected $520 + John Doe Collected $250 + John Doe Collected --------- = $867 (68%) + $88 + $88 = PrePaid Rent Payment ($176) = $1043.00 John Doe is owed $2550 (see above for figures) x .32 = $816 Vic Wi $120 - is ours on the assumption we could have applied that to Septembers rent.

But, if you buy a house in a city 500 miles away and rent it out, and later you drive over to look at buying a second house, that prospecting trip is now deductible because you have a "business" in the area.In your case, I believe you are OK deducting the mileage driven in direct support of your rentals.I am not an attorney or accountant and this is not professional tax advice.

Partner Driven was interested in the Wren Ct deal in Griffith, IN, due to its high profit potential.

L/A is very much a neighborhood by neighborhood place.  

If you put a school in this area I can see a great deal of teenage driven businesses moving there which will change the atmosphere of Mass Ave completely.

Well, unexpectedly, that area had prices driven up by oil worker demand for rentals. 

That is not bad for appreciation, especially combined with the still low price tags compared to many of the costal markets.According to 2016 GMAR data Milwaukee County is up 11% (driven by hot markets along the North Shore area like Shorewood, Glendale, Brown Deer etc who made up for the lower performing areas) the markets in Ozaukee County show even stronger appreciation with +13% ( driven by Mequon, Thiensville, Grafton, Cedarburg etc).

Almost every potential flip on MLS gets a bidding war and the price gets driven up to where its not worth buying it.

I've driven back and forth from Rockville to Frederick at least 10 times in the past 2 weeks.