Essentially, it was one account with the bank tracking individual tenant details on your behalf.That said, it’s critical to ensure your financial records remain accurate by reconciling the account on a monthly basis.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

And a PM that manages 10k units as part of the GP entity, with equity invested, will be taken more seriously than a XYZ property management (who manages 200 units total) has said they are open to managing the property when I close.Lastly, even in the "easier" market timing of the early and mid 2010's, most people when they get started are looking at deals for about 18 months before the first one is awarded and closes. 

It may have taken me another 6 months to a year to figure out all the intricacies and that is time I can not afford.  

Once you know what your monthly costs look like, you can make a sharper call if a sweet off-market deal pops up.

We host one every month in Alexandria, VA 

.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean? 

After selling one and using a 1031 exchange to buy a fourplex in Chicago, he reduced his interest burden by 20% while boosting his net incomes by $1,500 per month.

Even the nicer homes don't rent for over $2,750 a month there.

When you have a duplex and tenants on both sides stay for ten years, it almost guarantees that something isn't right.I would study your market and determine the value of your rental, because I bet you are losing money every month.