However, it is important to note that upon the sale of the property, depreciation recapture rules will apply.

Turns out that the buyer is a Real Estate Attorney.She was also not told anything about the new Real Estate Commission Rule change about who pays the buyers agent or if they even have to do it or not.

Hey BP,I’m reviewing an infill lot in the Spartanburg SC area and wanted some local insight from builders or investors active in the Upstate.Basic details:• Sierra Rd area• ~7,350 sq ft• Public water/sewer at street• No HOA• Several new builds nearby in the $260k–$265k range• Needs clearing/gradingI posted the full breakdown in a Classifieds listing per BP rules, but I’d love to hear from anyone familiar with recent new-build activity in this pocket or who has experience building in this part of Spartanburg.Thanks for any feedback.

It’s something a buyer deserves to know upfront because the rules and timing are different.

The ONE and ONLY rule when you are starting out, hire a Property Manager.

Quote from @Elealeh Fulmaran: Shahab, start with these three that turn theory into action fast: 1) The Book on Rental Property Investing by Brandon Turner for clear numbers, deal anatomy, and beginner-friendly frameworks; 2) Real Estate by the Numbers by J Scott and Dave Meyer to level up underwriting, sensitivity checks, and real-world decision rules; 3) The One Thing by Gary Keller to lock your focus so you actually execute your first deal instead of dabbling.

You're in federal district court with Federal Rules of Civil Procedure.❌ No more Collection Appeals Program❌ No more installment agreement negotiations❌ No more administrative remedies❌ No more Form 12277 lien releasesInstead you get:✅ Compelled depositions under Rule 69✅ Forced financial disclosure✅ Court-ordered payment plans✅ Contempt sanctions (including jail time)✅ Judgment liens that survive death and attach to inherited propertyThe estate goes from "problem solved" to "multi-generational nightmare" in 24 hours.

I stay out of Chicago for many reasons that there are just too many rules, fines and tenant favoritism with the city.Best of Luck.

I misunderstood...So, from the other side (business side) one of the first rules of sales, "Always answer the phone because you never know who is on the other line."

Use the math.at $2300 using 50% rule: $1150/month cash flow is $13,800/year.