But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

Avoid going for the cheapest properties, as those often come with higher turnover and more property wear-and-tear.Rental Rates vs.

Knows real estate tax write-offs and how I can best apply them!

Texas is very landlord-friendly and also does not have income taxes. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

I personally try to avoid extroverts because they are often incompetent and irritating.There's a difference between being an extrovert and being charismatic.

Non pay of prop tax's non pay of insurance  Waste, etc. 

They remit the taxes.

Either way, thanks for posting so others can avoid this.

I’m looking for mentorship from other investors in this forum to help me identify deals, help avoid common pitfalls and learn from failures.