The information contained in this post is not to be relied upon.

It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.

You came to the right place for information! 

I have recently started writing down addresses of run down or abandoned properties that I would like to purchase, but I only have the owner's name.

I'll message you his information.

The information contained in this post is not to be relied upon.

You get a Capitalization Rate (CAP Rate), which equals your annualized return by dividing the Net Operating Income (you had gross in your narrative) by the purchase price.

There is an amount that you can distribute from an IRA account to purchase a personal residence.You then might be able to turn the personal residence into an investment property.Best of luck.

If you don't do anything within the software, maybe only your bookkeeper needs the software and he/she can print out the reports for you.If you want access, then you and the bookkeeper would need the desktop version and possibly a shared folder like google drive to share the quickbooks file.Intuit used to sell the quickbooks desktop(one time purchase).

FHA loans require living in the home as your primary residence for 1 year after purchase.