@Charles Evans, definitely keep all paperwork associated with your tenant (lease, receipts, etc).For expenses that are not split per unit but are for the entire structure (utilities if not separately metered, mortgage interest, etc), keep a record of those payments so your tax pro can deduct a percentage of them for the unit you're renting.

If rent is 1500 per unit, well, now you are $6000  (1500 * 4) in deficit right from the start.

Service disruptions can understandably lead to frustration.From my perspective in the self-directed IRA industry, effective communication and responsiveness during transitions are crucial to maintaining client trust.

I agree that the best way to make money is self manage your short term rental (not AirBNB, that is a platform).

Perhaps the most consequential transaction involving creative financing solutions was a recent closing for a 20+ unit apartment complex in downtown Eugene. 

I am a self-entrepreneur and know the importance of office space. 

I will self manage and dont need a lot of cashflow.

The management company just didn't do a good job of providing details on bills and never checked on the units.

Looking to net 4 figures a month in cash flow with this unit - the goal is to close 7 more by the end of the year - let's see how it goes. 

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.