I bought 14 homes in a short period of time for gozone tax bene's those are the same as the benes that people search out for cost seg these days.. except they were much easier you did not need a cost seg report..

Based on research it appears Zelle is the only option that does not have a transaction fee for landlords.I did not include maintenance as a category since this can be done easily in a spreadsheet, but all of the options actually had pretty good maintenance and expense tracking.For Tax Support, all of the tools met the minimum for being able to export the financial information. 

Better than each of those options is to be realistic, what most of us aim to do, but easier said than done. 

An uneducated eye may think that's a silly statement because there appear to be a ton of listings in Detroit.But many of them aren't worth buying.

If this is an older home, the 12 month expenses of $1430 does not appear reasonable (the actual may be much higher).

At the time my only issue was their loans appear to be backed by wall st.. so the closing docs were enough to kill not one but two trees and took way more time to sign the  whole package then I like to spend signing closing docs :)  But thier fee's and rates are hard to beat. 

It just makes life easier - they shop a variety of insurers and are more easily able to compare apples to apples because they know how the various companies present coverages.

Which is easier to deal with than a non paying tenant.Once they're gone, you'll need to tighten up your screening process or find a PM to take over.

Start with a single family home at areas where I could afford and have a stable cashflow    Pros: Easier to manage    Cons: Would have no equity to invest in my second propertySome background about myself:Have a full-time job ($190K a year income).

Scope creep is a huge problem and the more you learn up about the project up front, the easier it is to figure out what actually needs to be done and avoid surprises (or pass on deals that need more than you initially think): https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...I highly recommend building a contingency (I do 20%) into your rehab budgets for unexpected issues.