I'd love to move into another fixer upper for two years so we could flip tax free or live in for long enough to use our FHA loan.

Our avg monthly expenses with reserves is around $1500 (mortgage, taxes, insurance, utilities, reserves ect).  

I would learn a little bit more about contract law in your state.

If you spend time learning how to manage well, your income will increase, you'll save time, and you'll maintain your sanity with the courage to expand.

It is purely clickbait.Find yourself a market that you are interested in, learn as much as you can about that market, and find your deal. 

Since the trust is a disregarded entity, the benefit is bypassing  probate, not tax issues or liability concerns. 

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

“I’m literally the nation’s leading expert in tax liens and tax deeds,” he boasts in one installment.

Made some pocket change after fees Lessons learned?

I’d love to learn from your successes (and challenges) as we continue to refine our approach.Looking forward to your insights and feedback!