On the other hand, you get favorable capital gains tax rates vs. short term cap gains or ordinary income (and maybe self employment tax) on a quicker flip.

In the case of a multi-tenant building, the tenant will usually make repairs happen within their space, while the property owner takes care of capital improvements, routine common area maintenance, and emergency repairs that may affect multiple tenants.

You can use that $13 to build up your capital or pay down loans (really the same thing, but if you have loans, pay them down first).$13 per month isn't much but you could save it or buy pizza or do something other than pay for free information.

I believe that if you are a seasoned investor with many deals under your belt and you have the capital to invest in a TV campaign, not one commercial but a series of commercials every day for weeks if not months than go for the TV ads in your local area, you will get results.

You're missing maintenance, property management (even if you do it yourself), legal fees, advertising, and capital reserves (e.g., that new roof that will eventually be needed).

So, as a beginner I don't have much capital and can't easily cough up 20% down for a NOO property.

If you want to believe Keynesian economics as the country becomes poorer and poorer be my guest. 70% of our GDP is consumption not production, we are surviving on the buy-outs by foreign investments of U.S assets, and the injection of capital into the country is from the outside.

And since we are not talking about long-term capital gains (property held less than 12 months) then rehab expenses that I would normally think of as being capitalized (like adding a new bathroom) are not really capitallized (and depreciated) because of the short-term nature of this type of transaction.

If I decide to sell it (the property I'm currently in but plan to rent) in say 6 years, will I be able to roll ALL of the equity over into a house without paying capital gains tax?

Because of how the California market is, my partner and I have been focusing on investing in emerging markets where you can still cash flow with very minimal capital.