.- These total 10 duplexes should bring in 30K gross rent per month and cash-flow about ~3-4K/month.We don't plan to use any of the cash-flow for personal expenses and after keeping sufficient reserves, we will funnel the cash-flow to pay-off existing properties.

For conventional, the rental income for a property being placed into service will be 75% of the gross rent as an LTR.

So if you are employed by your property manager, or if your property manager is an employee of your company, that would be considered a non-arms length transaction. 

The property currently produces six figures annually in gross annual income and is located just outside of Mt.

One of my clients was a W2 employee before starting nursing school and she bought a home prior to quitting her W2 job so she still qualified.

There is a HUGE difference between investing in a Meta/Facebook employee and investing in a project for which a Facebook employee is doing 'investor relations'.

Also, you will never do what we tell you to do because it's hard, not easy, so...My son who 1) is not stupid, he is graduating from UCSB next month 2) has been around my rentals and me his entire life 3) in high school had a fairly successful handyman business with a dozen part-time employees, indicated he wanted to be a real estate investor.  

And thats ok, the world needs more employees in ratio than sigma-psychos like me.     

PM is charging 5% of monthly gross rent.

They can rent one if they want. 4 bed 4.5 bath 160k gross income 2021.