The problem I see with sophisticated software for analyzing long-term rentals is that the complexity of the software is going to far outweigh the accuracy of the inputs.For example, being able to model the impact of inflation in rents and material costs is a fun exercise (for some of us :), but realistically, you're going to have to guess what actual inflation will be and if you're guess isn't accurate (which it won't be), your results will be meaningless -- and the longer out you project, the more meaningless the projections become!

I have a question, does the increase in rent outweigh the difference in the monthly mortgage?

But the good years will outweigh the bad ones.If you do the PM yourself your income will be higher and so will your taxes.

The positive cash flow from the 4 tenants would seem to outweigh the cons.

However, the advantages of purchasing three cash flowing tax shelters with that small 30,000 loan far outweigh any possible tax penalties.

I'm willing to bet the benefits of using a good tax preparer will far outweigh the costs.

But, most experienced investors who have equity in their holdings recognize that the downside of disclosing anything about your financial situation far outweighs the need to brag about it.

Granted, this is not advisable and probably outside of the legislative intent of the statute, but it seems like it's legally permissible - notwithstanding that the risks most likely outweigh the benefits.

But I believe all states do not allow a lawsuit to take your home.The tax benefits to keeping your home in your name completely outweigh any potential for loss of your residence through a lawsuit.

People loan "Non-Recourse" when the collateral so far out weighs the risk that you don't need a personal Gurantee or anything.