A seasoned CPA with REI experience can help ensure all your passive losses are applied correctly and provide guidance on future sales.

Some lending programs are more or less (there are various programs) but in general 50% DTI is max.In order to ensure you accurately plan for your future mortgage its good to know up front how these situations would be affected and what borrowing power you will need when the come times to purchase this upcoming "condo."

I’m about to close on a residential property and want to ensure everything goes smoothly.

Associations must now conduct a Structural Integrity Reserve Study (SIRS) to ensure they have adequate funds for necessary repairs and maintenance.

So, you want to make sure that you ensure that you'll have some light at the end of the tunnel. 

By following these tips, you can continue self-managing your townhome even after moving out, ensuring a smooth transition and a smooth transition into your new home.Good luck!

Ensure your pricing is competitive and that your minimum nightly stay aligns with market trends.

Wherever you invest, I recommend hiring a property manager who is highly knowledgeable about Section 8 and its frequently changing guidelines.Putting down at least 20% ensures the best rates and avoids any PMI payments.Good luck!

A couple ideas below:- Have tenants pay utilities if they don't already- Refinance into lower rate- Increase rents (or convert to mid term/short term rental or rent by the room)- Call the county tax assessor's office to ensure there was no mistake in the tax increase- Call your insurance broker to get you other quotes- Sell the property and 1031 into a better market that does not have those issues- Self manage if you currently have a property managerHope these help!

Hello BiggerPockets Community,I'm a new landlord and want to ensure that I have the right insurance coverage for my rental property.