A cat, and a pack of e-cigarettes on the counter.

For properties already in service, the bottom line on Sched E (or however you're reporting) is used.

I would suggest you build up a bit more liquid assets just to diversify and also have assets you can quickly access if needed.

Why buy a $900K home to only clear $500 a month when you can buy a $250K duplex that offers the same cash flow.The price to cash flow ratio has to make sense if you want to maximize your capital and spread your liquid reserves for down payments.

The plank-to-plank connections are tight and seem to resist liquids well, but I don't want to push it in the bathroom.Trail Oak has been my favorite of the Lifeproof LVPs.

Hi Steve, Nice to e-meet you!

I did forget to mention that I also help do the accounting and consulting for clients using Buildium as well.My favorite is actually Yardi Voyager but that's a different game lol 

Landlords and Rental Property Investors- what are your favorite neighborhoods in Indy to invest in rental properties? 

I love Humboldt Park @Melissa Wongkamalasai - for sure, one of my favorite Chicago neighborhoods. 

A minimum 20% down payment allows for more cash flow but higher monthly payments. 25% down offers better interest rates and lower monthly payments, while 30% down can improve cash flow but reduce liquidity.