I’m also self-employed in another non-related industry.I’ve used Aldaris CPA for my taxes for the last 4 years – they’re awesome and local in West Seattle.He also takes care of my bookkeeping and taxes for both my real estate business and other business.

Also, keep in mind that you should have enough profit (NOI minus principal and interest) to be able to realize a reasonable rate of return and still be able to set aside some money for capital expenditures - for example, money for new roofing, paving repairs for drives and parking areas, etc.In the end, you have to get to the other side of analysis though.

. , and then I'd say in terms of employment, you want a diverse economy.

Security, keep your resume updated, keep your sense of employment work ethic and skills or associated licenses, certifications in case you want or need to go back into the job market.

We will be left with just over an acre on a newly paved and widened road. 

Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc.

Hi everyone,I am new to the USA and looking to invest in property with a long term goal to eventually replace part of my W2 income and also pave the way for my children to get a easier start in life.At the moment I am renting with an intention to buy a single family home this year.In a addition I have other cash - not much - that is sitting in a interest bearing account growing very slowly.

Hi Kristin,If you're planning to finance real estate in Illinois using only your rental income from properties in California, a DSCR loan might be a great option for you, especially since traditional income-based loans might not be feasible without local employment.A DSCR loan focuses on the property's ability to generate income rather than your personal income from employment.

They don't appear to employ real people in their customer service dept and I don't have the patience for Bots.....2.

My CPA has given me any direction in this and discourages from employment of children..