Request a detailed list of documents and information from the seller, including financials, leases, contracts, capital expenditures, surveys, environmental reports, open permits, and the Certificate of Operations.2.Physical Property Due Diligence.

Spot crime can also show you recent crimes reported in a given zipcode.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All,Peter Piper here. 

Plumber went in one day and reported back there was a guy there with ankle monitor playing video games all day.  

The key factor is ensuring you have proper documentation to support all the transactions, deductions, and income reported.

(I would still get a heloc to cover future expenses and have available for emergencies.)401k loans are not taxed, do not report to credit, count as owned assets from your lender, and the interest you pay on them goes back into your own 401k!

Hire a local home inspector or contractor to assess the property and provide a detailed report.

If your rent increases just mimic inflation close to half or more if you self manage will bump your yield up and cash flow. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.