If you refinance or pay off the balance before then, the lender will give back everything from helping you. 

Setting up a team (cleaning crew, handymen) early on will help you balance your workload and minimize stress.

The applicant with esa/support animals pays nothing to sign up and petscreening will verify that they are properly registered as such and that they are not trying to claim that they are and save money on potential extra pet fees/rent. 

2- IF only $30K is labeled & considered OPTION CONSIDERATION funds paid for the OPTION (thus Not immediately taxable) What do you call or or would be a proper way to DESIGNATE the other $30K in funds given to the Property Seller?

It's inspiring to see how you’ve balanced a career in medicine with building such an impressive real estate portfolio. i am new to biggerpockets as well, and am a realtor for distressed off market real estate here in Fort Worth.

To add to what @Jonathan Greene wrote:1) Understanding the local market, so you know what Neighborhood Class your building is located in, what Class your Building is (condition & amenities), and what corresponding class of tenants will be attracted.2) Using all this data to properly set your expectations and a realistic ROI.3) How to better screen prospective tenants, including catching fraud, so your property performs better.

We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.

It creates a lot of friction with other tenants and normally creates a poor work life balance for the manager.

Hi Guys,in FL,HOA is foreclosing on a house in a week - Lien of 25k.the property also has a 1st position loan (Reverse mortgage)  that also just started proceedings with no set date or "Final Judgement" numbers yet.On the details of the 1st reverse mortgage foreclosure, its only mentioned that there is 320k principal balance due.The original note of the 1st was issued 2009, with a total sum of 650k, payble up to 2081 (!!).

Quote from @Victoria Phifer: I don't recommend charging anything on a credit card unless you have total control of your finances and can pay off the balance every month.I charge everything I can to credit cards, but I pay the balance off every month, 100% without fail.