We did something similar and rented it to friends and people we knew in order to do a test run and have them comment on what needs to be fixed or changed.You should be able to claim the entire year for both cost seg and depreciation.

It is a matter of getting out of your comfort zone a little bit but not so much that you will burn out or lose sleep.

Since not everyone can tour in person, offering a quick FaceTime or video walkthrough can make all the difference.At the end of the day, leasing specialists need to think more like Realtorsto close the deal build rapport, stay consistent, and keep following up.Keep going, landlords don’t lose momentum, You got this!

ahoy everyone, I have a seller who will put the house in my name so she doesn't lose it to the bank or have to sell family home. 32k prior mortgage in late fathers name, city assessment at 90k.

But here’s the part people forget:House hacks aren’t judged on cash flow — they’re judged on how cheap they make your life while you live there.If you live in one unit, the other tenant is basically paying the majority of your housing cost, and that’s the real win.

I have seen too many investors try to save on commission fees only to lose money on their first deal.Contractors: It is vital to have at least three contractors you can get quotes from immediately.

People can never get the time back it took to read your post! 

You can still lose your investment in the LLC.

I do not recommend trying to start off with a BRRRR - probably the hardest strategy to pull off successfully and lots of seasoned investors (with lots of deals under their belt) still lose money because of unforeseen issues that pop up. 

It would be a massive disruption for the tenant and there would be a good chance of losing the tenant.