First off I'm Voting NO on prop 10 and I hope you're all doing the same and encouraging friends and family to vote NO.Second yes I'm increasing rents gradually in anticipation. 

I just want to learn what I can and apply what I learn (hopefully sooner rather than later).Any tips, criticism, etc. is extremely anticipated and appreciated.Thanks!

Only thing is its taken a bit longer than I anticipated.

Can I proactively ask them to start paying additional deposit funds now in anticipation of the extensive repairs?

Investment property rates are higher than I anticipated – do I have any other options?

Good afternoon BP,I have a few friends that are looking to begin their journey into real estate and are having some of the excitement and anticipation I (and many of you) had when we became ready to start. 

You budget your anticipated costs going in.

I anticipate on getting a FHA loan to secure financing. 

I pretty much came to this conclusion after making the thread but now I'm much more confident this is the way to go - I'll suggest they keep the house and take out a home equity line of credit while I act as a the project manager so to speak for a cut.It's good no one will pay capital gains tax, but what kind of tax can I anticipate for either of us in the state of TN (even a rough estimate would be helpful)?

The more years we track our home value, the closer that value will come to it's anticipated value.Therefore if we take our 100k home with a 20% downpayment, in a perfect world it would be worth 103k next year and we would owe roughly 79k on it.