It was a time of strict equality in appearance and lifestyle, but also widespread hardship and famine.  

For office equipment (when I bought my laptop) or new printer, I believe my accountant spread it across my properties, since I generally spend equal amounts of time on each property, since they are all single families.  

Aim for a credit equal to three to four months of potential lost rent..roughly $20–25k, to offset possible nonpayment or eviction costs.

Equally as important, they have local knowledge and experience which is incredibly important if you take on construction/development deals because **** happens and they are more inclined to understand what the borrower is dealing with and work with the borrower on a solution.Case in point, I've had national fix and flip lenders fail to comprehend subdivisions and implications on land re-assessments/incorrect tax bills holding up draws.

You can bond off the lien through a title company or your attorney — basically post a surety bond equal to the lien amount so you can move forward with clear title.

The right agent won’t be afraid to push for a lower price or structure an offer that protects your returns.That said, not all agents are created equal, and not all listing agents feel comfortable representing both sides.

Eventually I'll find a motivated seller, or I'll see opportunity for negotiation of concessions equal to a substantial discount.....right? 

No, the 50-year mortgage won’t move all markets equally—but in fast-growing cities with tight inventory, it could reshape affordability and accelerate price growth almost overnight. 

What’s equally important is pairing that reading with action: try analyzing a real property (even just for practice), get familiar with your local market, and keep asking questions.

Moral of the story: not all “Smokies” are created equal.