You will need title insurance- if you do not know what this is- study up on it- it's very important.

The fact that you discovered concerning information about the male tenant's past after signing the lease complicates matters.

My score is about the same as yours, and I applied for Discover 6 months ago and got a $10k limit, then AMEX 3 months ago and got $15k.

I'm in central NJ and studying for my realestate licence.

Spend your spare time reading, listening to podcasts, analyzing property, studying the markets, etc.2.

But if you have done cost segregation studies and have 1245 / ordinary recapture to deal with, all of that income is taxed in the year of the sale, regardless of what you received for proceeds.Not previously as big of an issue, but in this world that we have had the last few years of 100% bonus depreciation, it is rearing its head more and more often.

Saw Michael's post just now where he discovered a guest had taken a small heater- which is really a bummer.

Oh I just discovered another thread that asked the same question.

However, it might be difficult to discover houses with solid cash flow in high-appreciation areas.

It's the kind where you're sitting behind the pedals instead of above them - I'm sure there's a technical term for them.Anyway, I started studying and/or reading while riding and actually find myself going for an hour or more at a time and not even realizing it.