most people won't give uncle Sam as many dollars in their entire working career as he does in a single year between personal taxes paid and taxes from the jobs / property tax he surely generates.

Hey Sam,I think you should finish what you started and flip the other unit now. 

@Sam Yu amazing how short-sighted owners are, always falling for the bait & switch of low monthly management fees - only to find out the PMC will get their money elsewhere.Even if someone give you a referral, what meets their expectations, may not meet yours.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!

Hint for self-employment income: "depreciation" write-off is gold, saves you $ with uncle Sam, AND can be added back in for DTI calculation purposes.

@Sam ShuehWow!

Sam

Quote from @Sam D.: How are you going to tell them you'll report rent to the credit reporting agency when you don't have something already set up?

Originally posted by @Sam Leon:For those who give gifts - gift cards, baskets, etc...what is your method of delivery? 

Sam Dogen You're not missing anything, build a more profitable business outside of real estate, most are more profitable.

I am often reminded of Sam Zell's great quote "If you've got a big downside and a small upside, run the other way.