A good rule of thumb is to have 3-6 months of expenses (mortgage, utilities, insurance, etc.) set aside per property for emergencies.

I needed to find a passive real estate income stream that would work within the IRS’ self-directed IRA (SDIRA) rules.

Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth

Encore is within Reunion, there are a few different communities inside and all have different rules.

With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.

What I wrote above does not create an attorney/client relationship between us.

@Tove Fox You can get a 2-3 unit property in Pittsburgh in B areas that will hit the 1% rule and be in decent shape.

I would get an attorney or title company involved to create your loan documents to ensure they comply with the law and cover all the aspects you need.Another method that is likely your best bet to take on investors is to create a joint venture (JV).

If a guest doesn't want to follow my rules and they complain about them to Booking.com, they try to get me to pay for a relocation fee!?

I would highly recommend you create an LP agreement.