This is the sum of all of the sources of gain including not only cash flow and appreciation but also depreciation and amortization of the loan. 

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Outsource tasks like admin work or cold calling to virtual assistants (VAs) to free up your time for more important tasks.3.

As a lender, it is my firm belief that honesty, transparency and service are the most important factors.

Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.

Other sites that can be successful included Facebook (specific groups you are targeting like traveling nurses or 5th ward housing, etc), Airbnb/VRBO (30+ day stays) and insurance placements like ALE Solutions.

I charge 20% straight to co host which includes vendor/guest /cleaner communication and managing the property.

Since rental losses are typically passive, the best way to offset W-2 income is through Real Estate Professional Status (REPS) (750+ hours) or Short-Term Rentals (STRs) (100+ hours and more time than anyone else managing the property), which allow real estate losses, including depreciation, to offset active income.A cost segregation study accelerates depreciation, generating large upfront deductions.

Between a 1031 Exchange, HELOCs, and a partnership, I'm up to 15 doors including my personal residence.

I think the most important however, is to check for honesty.