@Sharon CarsonSpeak to your tax advisor to understand what the tax burden would be upon sale.You should know what the tax basis is if you are treating it as a rental.The current depreciation is based on the tax basis.Regarding section 121 exclusion - There are different rules if you treated it as a personal residence then investment property vs investment property first and then personal residence.Best of luck

I want to be able to choose the right broker and I do have a few more interviews lined up, just want to ask you experts already doing this.

But….I don’t think you find many/any distressed properties to choose from, and certainly not in decent neighborhoods.

Choosing a syndication with preferred returns can offer you a bit of safety in knowing that the sponsor needs the building to generate revenue for the investors first before they can get paid themselves.FeesSponsors often charge fees to the investors, and that is normal.

That doesn't make it illegal, it's just that this closing company chooses not to allow it, and that is perfectly fine.Where it can and will get dicey is when there is a lender involved on the 2nd transaction. 

But sharing rooms will be a choice, if they choose to bring a friend to lower the cost then they can as long as the roommate can still pass the screening and tenant requirements.

Given the nature of today's market, seller's have the upper hand and plentiful of offers to choose from.

Professional stagers pay attention to things like smell and choose scents that people are attracted to that say ‘home.’

This Mother in law unit has an excellent partition that enables me to rent short term or commuters,traveling nurses etc there is also another exclusive unit on top that I don't have any problems with.Not renting the ADU is not helping the numbers work and there are not many renters in my area who will consider the entire apartment including ADU.

I choose to invest some of my IRA into real estate, small businesses, start-ups, and crowdfunding offerings.