That spread was to single family dwellings.Other expenses and amounts to capitalize from improvements are anticipated as well to be assessed with respect to rental income and increased equity.Example and considerations:If I buy a house that has a 7 year roof,  in 8 years it has reached the end of it's economic and physical life, a repair may cost $7000.

But be sure to speak with the tax expert if this would make sense for you because you will be exposing part of your income to self-employment taxes. 

We saw the house and I am running comps and am going to have an expert come out and help me determine rehab costs.After looking at the home I took Tommy back to his house and sat with him and his wife for an hour and talked.

He also adds value to my business by helping source tenants thru our collective network, manage subcontractors, and handle my construction-- so I can focus on my economic engine- sales day job.My business model-- I'm sitting on 3 duplexes and 1 quadplex in solid parts of the Twin Cities-- in young, vibrant areas near breweries, coffee shops and great restaurants...

Hi, I seek advice on here from all the experts regarding  the question, MF apartments vs small commercial RE(thinking office space).?.

The smart thing to do in my view as a newer investor is to find a good expert/mentor investor in your area who is willing to feed you some deals.

Good employment and strong economics it looks like.It's an older building on a master meter.

Thank you for the advice, it may be possible that the location of the land is eligible for some type of Rural Economic Development Grant (REDG).  

The penalties are very severe, her IRA is at risk and I suggest you speak with qualified expert to ensure that you doing things correctly. 

@Yechiel Abekassis Bearing in mind I'm not an attorney nor expert, I BELIEVE that a tax foreclosure wipes out everything below it (banks, liens, etc).