This active income can help me fund my retirement as well as help me get reimbursement for home office and health care premium while lower my tax liability.

You will find that some real estate professionals are well versed in investor real estate and others are not.

So to clarify, you CANNOT live in a DSCR property as DSCR is business purpose only and that is not allowed.  5-10 units can also qualify for 30 year fixed DSCR loans as well. 

If you’ve got property and aren’t well-versed in an accounting software I’d recommend starting with a good accountant and quickly adding a good bookkeeper.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

However, the 0% interest only lasts for about 12-15 months but definitely more than enough time to complete the brrrr cycle twice or maybe three times in your case since you're a contractor as well!

Hi Joshua,It sounds like you’ve got a solid situation—congrats on positioning yourself so well!

For an OOS investor, I would recommend looking at Kansas City as one of my CFO clients also manages 100+ doors for OOS investors and knows the market very well.

You will probably win when she doesn't show up, and while you will have a hard time getting the proceeds of the judgement, you can mess up a credit score pretty well with an unclaimed judgement.

Well done!