Cash reserves that can supplement income can be a factor, look closer at credit and past rental experience to consider the intent and probability of such reserves being utilized as needed.

I should be able to make some good supplemental cash while I'm out and about - on top of the other RE income.

We supplement this strategy with pure rentals.

At minimum, I simply want a few income generating (ie high cashflow) properties to supplement my life and to hand to my kids to supplement their income when I am gone.

When I first got out of school I rented a studio from a man who supplemented his salaried job by buying and fixing up real estate.

Looking for any supplemental templates as well as I believe you need something for contributing the property, successor nominee, etc.File Archive appears to have one example for a separate state.

I also like to supplement the SOL with a bill of sale.  

So it may be a blessing in disguise, but wanted to check with the brain trust.I'm more leaning towards letting it be as the supplemental insurance would be an additional hit and as much as I'd like the extra 40K of spending power, I wasn't sure if it was worth it to add the supplemental insurance on top of the already expensive flood insurance.Thanks!!

Report a deduction for PMI premiums on line 9 of Schedule E (Form 1040), Supplemental Income and Loss.Hope that helps.Ed

I recently started thinking about using rental properties to supplement my income and eventually lead to something I could do full time.I recently moved to the Fort Worth area and while doing research I found an article that said Fort Worth and Dallas were 2 of the top 10 markets for REI.