Also heard good things about NC raleigh/ SC columbus areas.Would be looking at his 3rd property - mainly condos, multifamilies in the 100-300k range - or just paying off all current debt. 

One of the main reasons why I want to do real estate is because after losing my job last because to a merger, I wanted to have another way to provide for my family and to reach financial independence one day.My goal is to become a buy and hold investor, buying duplexes and multi-families in my area and possibly out of state. 

Ah, loving this thread with all the speculation regarding the AU NZ and Canadian property market :)Having been a property investor and developer here in Australia for over 15 years, I can attest that the market is extremely expensive, mainly in the east coast capitals (Melbourne, Sydney particularly) and the rental returns on residential are quite low, I can also assure you there is no "imminent" collapse  just around the corner. 

It's likely that the cost may outweigh the benefits with respect to a cost segregation on a property as small as 4-units but maybe not - it's certainly still an option.To answer your question, yes, you can claim depreciation on the 3 rental units even if you used an FHA loan to purchase the 4-plex.That's the beauty of house hacking and depreciation :)

Thus the terms “marketable title” and “insurable title” mean that the property can be sold and mortgaged free of “clouds” or claims because a title insurance company is willing to insure the title in the name of the new owner and/or for the benefit of a mortgage holder.

The signage is on top of the building facade facing the main traffic area and is the only one on the building.

Most claimed turn keys are rentable but mainly on borrowed time with mechanicals, kitchens etc all aged and due for replacement. 

I am mainly interested in small multi-family properties (2-15 units) with value add potential.

There are 2 main ways to "fined a mentor"1.

I get the benefit for me, but our market is extremely good now and rents are sky rocketing and vacancies are extremely low, so if I were to try to do a master lease for cash flow, why would a property owner do this?