Also go through a servicing company for payments to the seller, escrow can probably help you out with a recommendation for that. 

Monthly payment is 1900 with a 6.5 rate and would rent for 2500

So wholesale until I get the 10% down for a HML + 6 months reserves for every house I own.

I reconcile our trust account each month in about ½ an hour.

Hi everyone,I graduated college a few months ago in Boston and tried to start my own business but it didn't workout and so I focused on Real Estate instead and passed my NV License.

That one will take a year, but then it will get 25K a month on 2.5M, and there is an RV park as a bonus.   

One challenge to manage is being able to clarify for lenders on those rentals (if you have them) which amount of the premium should be paid for each rental so that they do not include the entire premium into their escrow analysis, inflating your monthly payment on that rental. 

I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered. 

Rather than paying for childcare services from a large organization, we found that it was significantly cheaper to pay for a second mortgage than to pay for childcare.

I am not a tax professional trying to sell you my services I am simply providing my perspective.