However, the further you leave the bay, most likely you will have a bit less appreciation and the local market could be dependent on certain industries that you need to figure out and be aware of.

Honestly, unless you are hell bent on REI only from day one, I suggest you start looking for a day job in a related industry so you can start learning "on the job" while earning a steady paycheck.  

I didn't think companion dogs generally fall under "pet exclusions". 

My topic involves medical sector financing and I was wondering if you could help me find information regarding how a bank assesses discount fees when purchasing portfolios. Is there a certain rate of return they sh...

The IRS actually issued Revenue Procedure 2005-14, which clearly allows a taxpayer to convert their primary residence into rental or investment property and then take advantage of both the 121 Exclusion ($500,000 tax free exclusion) and the 1031 Exchange upon the sale.The taxpayer has to make sure that they sell (and close) on the property no later than the end of the third year after they move out of the property and convert into rental or investment use in order to qualify for both the 121 Exclusion and the 1031 Exchange.

Tool rental places now sometimes carry industrial ozone systems, I've never used one.

I don't have the platform set up for that, or the ethics to take someone's money for something I don't own yet and thus can't sell them.I can't imagine anyone with true experience/knowledge in this industry would want to deal with them anyways.

Multifamily, retail, office, industrial, warehouse, hotels, etc.Has this buyer purchased other commercial property before or are they new to commercial r.e. investing??

(I didn't happen to have the spare change laying around)I was in search of a resource that would help me understand the ins and outs of the Real Estate Investing industry without spending over $50!

I used to work as a Realtor for about 4 years in Maryland and really miss working in the industry.