I made this mistake when I was starting out - I got excited about the returns of a development deal - but I didn't pay attention to the fact that I needed to be a cash flow investor because I did not have a W2 income, nor did I have sufficient passive income yet.It is critical for investors to understand the relative importance of evaluating the sponsor, alignment of interests and the deal.  

Hey Don,How does your age factor into this?

It’s relatively simple and, while it does cost money, it’s one of the more cost-effective options.

The service company can attempt to extend its life by cleaning the condensing unit, replacing the aged AC capacitor and contact, and checking for R-22 levels.

Any general advice, particularly for someone who’s relatively new to managing multiple properties, would be incredibly helpful.Thanks in advance for your insights!

A cash-out refinance typically doesn't count as "earned income," which is the type of income that would impact Social Security benefits, especially if it's related to retirement or survivors' benefits.

That being said, you need to carefully Review Your Documents, Start by reviewing the promissory note and any other documents related to the loan.

- **Local Organizations**: Consider contacting local housing organizations or community service agencies that may provide assistance or resources related to housing and Section 8 applications.By following these steps, you should be able to apply for Section 8 assistance in Michigan and get more information about the landlord application process.

It's a bit of a costly repair relative to the price of the fridge - they need to be replaced for around $500.

You have positioned yourself exceptionally well at your age, you don't want to mess that up by jumping too quickly.