I have been a long term landlord but have never dealt with insurance companies or contactors (lucky me).There was a natural disaster to my rental home in Texas and the insurance company came out with the adjuster and gave me the amount they think that will cover the damage.All 3 bidding contractors said the amount is too low and if they get the contract, they will put in supplemental claim later on.

I found a beautiful rural property far below market value but it has a hand dug well.

The real beauty of real estate is that you can benefit from appreciation while also using depreciation to reduce your taxable income.Other powerful concepts many investors miss include strategically timing capital gains to be offset, leveraging 1031 exchanges, and using creative financing strategies to keep your portfolio growing.And like Janet mentioned, it really depends on several moving parts, your other income sources, where you are in your investment journey, and what other investments or businesses you have.

Saw it a few times, took notes, he knew I would stop using him... but it wasn't awkward, it's just a natural transition I think.You're smart to want to get in the weeds of learning the foundation game. 

I looked at York 20 years ago, beautiful old properties were so inexpensive and with what felt like great potential but too far in the future for my  needs at the time.

@Warren Beatty The beauty of real estate is that there’s more than one right way to start.

Both are the job for your CPA naturally.

If you are going to invest there, bring your A+ game and buy a property that has something going for it from a nature perspective (nice view, privacy, boulders/cliffs in the backyard, etc). 

., AI infrastructure demands), partially offset by declining oil/natural gas prices.

I had no idea it was like that, and I've spent a ton of time in WNC, so my idea of the Smokies is nature, hiking, rivers, elk, etc.