As for the estimated income taxes, there’s no gain until I actually sell the house, at which point everything would be in COGS anyway—under your method or J Scott’s method—so I’ll know how much net income was generated and can easily estimate income taxes.

Rent out any bedrooms you aren't using while you live there to generate even more cashflow. 

A DIY cost segregation study will likely give you the report within a day.These studies are generated by completing a questionnaire that was created by engineers.Best of luck.

But, I would recommend hiring an REI-savvy Bookkeeping Professional one day so you can focus on other higher revenue-generating tasks.

It's smart if you plan to hold the debt and can generate cashflow, like any other loan.

If you scale in the future, you can upgrade, but now you just need something that works and generates reports and takes auto payments.

This quick turnaround exemplifies our ability to capitalize on investment opportunities and generate profitable outcomes for our partners.

We use Streamline and it will generate boiler plate things like a welcome letter, check in info, and check out info etc.

Hi Sal,It sounds like a cash out refinance DSCR loan would do wonders for you.DSCR Loans do not take into account your personal income but instead look at the income generated from the property to pay for the loan.

unfortunately, they're not great at generating immediate, W2-replacing cash flow, even if you paid all cash, which is also something i would not recommend.if you want to dip your toe in the water and buy one - great.