The combination of Housing Alerts for general knowledge and then Emerging Markets book gives you an advantage over people like John, who are stuck in their own little bubble.

This combined with a very proactive Mayor who seeks initiatives that encourage economic growth have really become attractive to those investing in Pittsburgh.

Your basis in your current property is a combination of your basis in the previous property carried over into this property, and the additional cost of this property. 

 - and more often than not we will have a strong gauge of an "all in" figure for a certain size sq foot unit and BR/BA combination.

Or do I need to combine each of the children and report the total net profit/loss of the parent series LLC?

I agree, the HELOC I just got was 7%, but gave me a combined LTV of 95% with my mortgage.I’m ok paying a little more in interest to have access to more capital.

Certain investors use a combination. 

If they got 75 percent cash out on a refinance that’s $225,000.....you can go to certain areas of the Midwest and put $20k down on 10 different properties.Or maybe they cashed out or borrowed on their 401k.Or maybe they did 10 deals in one year but there were wholesaling or doing notes..... or flipping .... or any combination thereof.  

So I can tell you insurance or repairs or commissions for each property or for all properties combined for the last 20 years (or any certain days in the last 20 years) in less than a minute. 

I am down for the Detroit one for sure though and we can combine resources and strategies and put some deals together.