Look for properties in areas with high rental demand to maximize your potential income.Renovation: Invest in renovating the basement to make it suitable for tenants.

When we began looking for properties, we were very selective in our criteria regarding the location.

And we live in CA so our tax rates are high.

Regarding 1031 Exchange: Lets say someone sells for 600k with a basis of 300k. 

The purchase price is $410K.Should I go for 15%, 20% or 25% down payment, taking the current high interest rate situation into consideration?

Hey Val, I'd like to touch base regarding the title aspect of RE.

Or, a place where lots of new houses are being built might give you an indication that its an opportunity zone or in high demand.Smart Steps to TakeLook Back in Time: Use Google Maps to flip through images from different years to see how things have changed on and around the property.Spot the Signs: Keep an eye out for things like construction activity, nearby abandoned areas, traffic velocity to understand how things have developed over time.Predict the Future: Knowing what’s happened before can help you guess what might happen next.

Although you could probably pay a smart high schooler $100 if everything’s labeled.

No one even mentioned it being too high.

And my investigations regarding evolve indicate they do not.