Second, it will increase my gross income and my ex-husband can request to have child support recalculated, according to our divorce agreement.

I would like to put solar on my rentals but seeing as the tenants pay the electric bills and those properties don't qualify for the tax credit, I haven't done it yet (although I may sometime anyway, after all other critical Cap Ex projects are completed).

I would like to put solar on my rentals but seeing as the tenants pay the electric bills and those properties don't qualify for the tax credit, I haven't done it yet (although I may sometime anyway, after all other critical Cap Ex projects are completed).

As an ex-NFL player, you probably have a great network of high net worth people, it might be a great opportunity to syndicate a deal, bringing in investors with you.

I'm not really sure what the cap ex would be but, to be conservative I'd put the vacancy at 10% ($85) and that takes my monthly cash flow down to $125.  

Lot of risk to take to accommodate a fraction of a percentage of current users. there are digital methods that are cheap, fast, easy and require little infrastructure already (ex: venmo)

So with other expenses like property mngt 6-8% ( i shop around, and this what the average people would charge), and cap-ex around 10% (im guessing), and fixing etc another 10%. 

I'm a small business owner and my wife is a real estate agent (and ex interior designer), we both have 700+ credit scores, but not enough cash on hand to cover the difference between the usual 70-75% loaned by hard money lenders and the total cost of projects in the Tampa area.  

Numbers home value20k downloan amount 165k conventional 4.5%                            Rent-$1600PMI-$45                                                                                Cash Flow-$237Insurance-$50                                                                      ($397 self manage)vacancy-5%repairs-5%cap ex-7%management-10%(being my first i would self manage)If this is a good deal.

@Majibur Mollah Ex-pat Canadian (lived/worked in Toronto for a decade) living in Texas.