Some tenants are on DHS scheme and I need to follow the requirements to have the DHS approved.

Complete a cost seg study - combined with leverage it is feasible to deduct your entire equity contribution in year 1.Also follow me for more insights around cost segregation and real estate taxes!

A DSCR refi would depend on how long you have had the loan and what the prepayment penalties might be.To determine whether a DSCR refinance is advantageous while considering prepayment penalties, follow these steps:1.

Hopefully it did not follow most of the LP recommendations on this post.  

I don't follow that logic.

Your most important tactic you follow when to you find a deal and want to secure it?

My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).  

In my mind, out of state investing means extending the education and research phase and pushing the 1 year goal to maybe a 2 year goal.

Hi BiggerPockets community,I’m an 18-year-old just starting my journey into real estate and wealth building, and I’ve been following the strategies laid out in books like The Book on Rental Property Investing.

Residential Purchase Agreement (revised 12/15) states the following:26.