After they asses what all needs replacing or what they feel needs replacing they'll submit to you what they're willing to cover and deductibles and payments etc. 

It's always case-by-case.GROUP 1: Not tax strategies at all, but for some reason often promoted as suchOrganize your records.

Invest in some awesome parking facilities, like garages or covered spots.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

The issue is, I'm not sure if my income will be enough to cover 2x the monthly mortgage payment that most loans require.

I have a buddy that has been doing flips for a few years and he now has investors approach him asking to get in on his flips so he lets them cover the down payment/entry fee's for 30% return on their money.

I own several hundred rental units in other states, otherwise I'd join you in helping cover the costs.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Tom Cruz promotes that naive, inexperienced investors should buy Class D rentals and somehow rent them to S8 tenants. - Won't work unless you REALLY know a market and have the proper connections!