@Elizabete De LimaWelcome to Bigger Pockets!

@Peter De BearWelcome to Bigger pockets.

3000 dllrs of rent  in a property worth $150 k Us dllrs o 500 millones de pesos, i bet is imposible, may be 1000 dllrs o 3 millones de pesos, those are the real numbers.

(Remember that you can take 100% bonus depreciation) Depending on your expense amount, you can also elect to expense it under de minimis safe harbor.

Shortly after, I got married & my new wife (who was a teacher & not making much money either) bought into my investing mindset just enough that we bought a duplex & moved into one side. 2 years later we bought an identical duplex, the second building over on the same cul-de-sac.

Beginning 1/1/16, you can expense $2,500 per invoice or per item (as substantiated by invoice) under the de minimis safe harbor election.

We met our hard money lender @Joe De Vera there.

A thorough de-junking and some fresh paint would go a long ways. 

I'm sure many of you know that certain states--namely Delaware, Nevada and Wyoming are very business friendly and have many financial advantages over others.

So even if you pick a state with stronger protections like WY or DE, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.