., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Net Income: 100k~ depending on overtime workedHere is a breakdown of the potential property we would be looking at buying as a long term investment. 3 Bedroom, 1 Bath, 1000sqft, attach single car garage, fully fenced property, needs no work and would be in a state of immediate ready to rent.Purchase Price: $289,90020% Down payment: $57,980Mortgage Rate: 4.5% Amortization: 25 YearsProperty Tax: $3185 annuallyBi-weekly Mortgage Payment: $592Rental Details:Monthly Rent: $2600Mortgage: -$1184/monthProperty Manager: -$260/monthLandlord Insurance: -$105/monthProperty Tax: -$265/month15% Put Away: -$390Leftover: $396Does something like this make sense to jump on?

Granite or Quartz on all counter tops including bathrooms.. our up stairs is 9 foot.. and our single levels are 10 foot to 14 foot which NO other builder does in a subdivision type build only custom homes over 1 mil would have that.. flooring is engineered hard wood.. custom cabinets with soft close on all doors in the house..

Look, I think of it this simple, I don't know a single established millionaire who does the "standard" consumer debt thing.

I believe, off the top of my head, it's single digits of rents actually have rent reported to bureaus. 

We're in a community property state, where I believe my wife is automatically considered an owner.Would you be able to clarify if I am allowed to quit claim into this LLC as is, or if I'll need to add my wife to become a married single member LLC (married SMLLC)?

Single family 4bd house in Round Rock that needs foundation work.

I'm under the impression that its ran similar to single family homes and like cap rates for the large multifamily.

😂I bet others would too, we're all a little disturbed to be in this business....... 

And yes flipping multi families is definitely less risky, but not as applicable and available to everyone as single families.