Ability to purchase and hold in a high appreciation market where LTR rates may force you to come out of pocket.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

We are bit younger than you but purchased few rentals 2 states away for our daughter to learn the business. 

Are you interested in purchasing any investment properties yourself? 

A follow up question:Is it true that if Monthly rent is >= 1% of purchase price should be considered as a good investment and which does not meet this should not be considered for good investment?

Walking back an agreement where you split the mortgage 50/50 and he pays utilities may be difficult and could stress the friendship. 

Hello Friends,How long someone has to wait to rent primary home after purchase. 

I'm actually a District Manager with Build 2 Rent here in Florida and we have off-market multifamily properties (both occupied and vacant) that you can purchase with a primary residence loan and interest rates in the low 4's.

Purchase price: $163,400 Cash invested: $25,000 Sale price: $240,000A buy&flip project on a Single Family House10K - Flooring, Trims and baseboards8K - Interior Painting3k - Updated water heater, and gas permit2k - Other minor fix, ceiling fan, windows, light bulb, new fridge, and more2k - Holding cost, HOA, and other related utility feesTotal cost of repair - $25k

This is also a useful tool when trying to decide between renting, househacking, or purchasing a single-family residence/condo apartment.NYC househacking is possible but some areas will be more competitive than others.