My DTI was borderline with my wife not employed but having friendly bankers on my side did it.

He specifically mentions ”make sure you do not provide substantial services so that you report the STR rental income on schedule E not C and so you are not subject to 15% self employment tax“

@William Coet, as noted, it sort of depends on where you are looking to protect liability.The most common reason I hear when working with investors who invest in a syndication through their LLC is honestly for ease of bookkeeping and record keeping.  

W-2, 1099, etc.) with passive income/loss from my rentals (STR, LTR).AnswerThere are a few ways, but the most common for real estate investors is to own a rental that 1.) meets the IRS requirements to be considered an STR and 2.) fulfill the material participation requirements.

We will be showing material participation so that we can deduct from our W2 employment.

you dont a good agent repping a buyer is going to go to bat for them not U keep in mind many sellers lie about all sorts of things.. not saying your that way but it is common the industry.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

We manage a portfolio of 500+ units and the most common duplex you will find in the area is an up down that has 2 beds and 1 bath per unit, your looking at $600-$650 a unit for those. 

It's not a common thing that people go through when a tornado hits your house unexpectantly and having to do a total renovation.

New London, CT is by no means a huge city and I am very hesitant to even consider buying real estate around here but the one thing that really keeps me coming back to it is my employer.