You need to be skeptical of track records that only cover the last 8 yrs.  

For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs). 

To be clear, I own my rentals in an LLC, but after 14 yrs as a landlord now, I have never once been sued.  

Would like to 1031 the cabin and assume loan on house but my monthly income is child support $1137 for 1.5 yrs and a lame income of $800/month.

& different parts of the asset can be depreciated on different schedules.To find out the useful lifespan of each component, you do a cost segregation study to analyze all of the parts.The raw land can't be depreciated so you start by giving that a value first.But other items can be depreciated on a quicker timeline.A roof, road, sidewalk, fencing, walls, gates, doors, latches, flooring, air conditioners, pavers, curbing, landscaping, etc.The IRS has a depreciation schedule for each type.Some parts are 5 yrs.

It is a board game that was created by Robert Kiyosaki about 30 yrs ago.

Buy and occupy for 2-3 years, improve it, and sell it tax free (up to $500k if you and your partner both OO for 2 yrs) so you can move onto the next one.Starting to think team house hacking might be the primary way for folks to make this model work nowadays.

Most of my properties are older (15-30 yrs) and maintenance is becoming a creeping problem. 

Man, you’re killin' it already with 6 doors in 2 yrs—that's impressive!

"Interest Rate fixed for 3 yrs"...