I'm searching for a real estate agent in Austin TX that would be able to help me find single family properties with separate living quarters, mother-in-law, or generational suites that could rented out while owner occupied.Thanks!

Most passive income investors chart a middle course of involvement with quarterly or EOY audits, and what I call "Potty Audits" (perusing invoices on their phone while sitting on the toilet).

I like making quarterly "extra" payments.

Well here are few that I can think of:- You are an Accountant - who views the reports once a year to do taxes (That is it)- You are a Bookkeeper - you want to do the data entry because it does not make you money- You are a DIY QuickBooks user - who will surf the internet and YouTube for answers and not have the full process, procedure, and solution- You are a CFO - review your financials every day or week, depending on your business goalsNow let's get into the nitty-gritty:- You as a business owner should look at your reports by each property and unit- You should compare your Profit and Loss by:----- Month----- Quarter----- Year----- Previous Year Comparison----- By % of your Income ----- and the list goes onNow about your Equity - view your Balance Sheet and see the difference from previous year how much money you paid and received by improvements and loan, the personal money you invested and more...If you are looking at keeping the books for tax purposes and IRS, as well as use paper and pencil.

Property held for less than a year pays tax at the ordinary income rate.   

Thanks to all for the advice, I think I go with either quarterly or biannual increases.

I came across their information today and they claim that members pay $ to invest in a portfolio of properties that generate consistent quarterly cash flow (9%-11%). 

Not really matter, but to protect your assets and lower taxation better to open LLC in state where property located.

So compare the $50 for three months, to $600/quarter in the city.

However, HUD came out with a memo in the 90's that stated that a living room could be used as sleeping quarters, therefore that would be 2 per bedroom plus one.