You don't need to make all your money on your first one, that will come later.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Once you've built up some reserves or feel like you're in a good spot, you could switch gears to MTR, especially since you're so close to a hospital.And later on, you might even mix it up between MTR and short-term rentals (STR), depending on demand.

Nearly a year later, we have over 700 featured agents in several hundred markets. 

And file in court 3 days later.

Is there a way to retroactively deduct bonus depreciation against their later income?

If you file your taxes and you have 5 kids and you don't take that deduction, you missed out on the loophole- the IRS designed it this way- the ENTIRE system is a loophole and those that know how to navigate it reap its benefits and of course some of us miss them and find them later. 

If you take the loan individually, you can later transfer the property to the LLC, but that may trigger due-on-sale clauses or tax implications.3.

It’ll save you hassle later.

My next goal would be to rent it for that and not take any cash flow from the property yet just keep it in the reserves then try to refinance at a later date or see if the home appreciates enough