But it could also be a coffee shop or an etsy store and the cash flow goes into real estate.

Unless you are itemizing your tax return, the interest on the primary is not tax deductible.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

In a simple way: you wouldn't go to the store and buy $100 in cash for $150.

It would cash flow nicely.One item to plan for from the beginning is the exit. 

It’s ran like a business, not a personal investment.Given the heavy workload I have being the CEO/founder of the wealth management company, my wife has set up a well oiled machine on the property management side, due to her perfectionist drive however, it still means that she's constantly dealing with tenants and toilets and replying to items at all hours of the day and night.

An example of a mistake was a line item for alimony that I found on my taxes (I am single and have never been married).

When an owner replaces or retires certain items (e.g., lighting, HVAC, or carpeting), they can claim a deduction for the remaining undepreciated value of those items.

How much can you budget for furnishings and all kitchen items and creature comforts for the ones you want to MTR.If you have a vacant 6-unit, you have great possibilities to try all strategies.