A quick analysis would place operating expenses for LTR at about 1/3 of rent, so net income before debt service and depreciation would pencil in at $600/month per unit.  

These platforms pool funds from multiple investors to invest in a diversified portfolio of real estate projects.Real Estate Investment Trusts (REITs):REITs are companies that own, operate, or finance income-producing real estate across various sectors.

This was done to protect senior citizens on fixed incomes from being forced to sell their homes due to unaffordable property tax increases.Since the passing of this amendment, all properties in Michigan have two property tax values associated with them:State Equalized Value (SEV): supposedly equal to 50% of the market value of a property, not based on recent sales price.Taxable Value: the SEV annually capped as long as there is not a transfer of ownership.City Assessors are charged with determining how much property values have changed each year.

Investing in rental properties can be a great way to build wealth and generate passive income.

Investing in passive income and venturing to other business ventures.

@Matt LeberYou're mixing together two completely unrelated taxes: IRS income taxes and local property taxes.

Non deductible, Better Proximity securing loans) “ROI soonest months” “Cheapest”. 2nd. 3rd Deals, Off Market, brokerage, government, 4thJudicial, Move to USA 1031Tenant Management due diligencePrevious landlords Credit score,eviction record, income to debt between 40 and 60%,hours at home,Pets, poor character appearance Ie tattoos,drugs,crime,personality,dirty car.Value Add focal pointsRaise the rent,Rehab, maximize rooming, section 8, Reducing management “general”Rehab etiquettecompartmentalizations & entry,Colours, Lighting, Fixtures & Amenities, floor, bathroom cheaper / kitchens, fixed stylization.

I've got my eye on a property in Jacksonville, Florida, and I'm trying to gauge if it's a smart investment.The deal:Asking Price: $102,000Type: 3-bedroom, 2-bathroom homeUnique Aspect: Currently rented out in separate unitsRental Income: $1,600 per monthNet Profit Post-Expenses: Approx. $1,200 per monthI'm at that crucial point where everything seems a bit overwhelming.

As a reminder, Madoff "had annual audits".Part of my DD, while I do ask if a company has audits and shares them with LPs, I also ask for FULL financials: Income Statement, Balance Sheet and Statement of Cash Flows for properties through partnership level items.  

I worked and saved and cut my finances to the bone saving off 40% of my income each paycheck, then poof, it was gone into the down payment.