So on paper, the losses on these remaining 3 could be minimal, but only time will tell.

***Renting in the area is thriving because people are unwilling to pay market value for a house, unable to save for a down payment or uneducated on the minimal cost barrier of entry to home ownership.

Justin Owens If we are talking about a house in a small town like Bowie, AZ I agree there are houses there that get minimal appreciation.

I researched the hot tub option.First I found out that the 98% of the competition didn't have them and may place already stays full without one.Second, I talked to some people that have them and they said they wish they didn't have one or didn't need one to be competitive.If you do you have you need to have a contract with a sauna company to do the maintenance to minimize your liability.I would the a pool would have the same issues applied to it.So if you don't need one of these to be competitive them skip the headache.

Aside from beer and food, I your expenses should be pretty minimal at UPT. 

At this stage I think we'll probably just go forward with things the way they are and try to get the property paid off in the next 5 yrs so that we don't have to worry about the fluctuating interest rates.This is why we started on such a small scale after all... so we could learn the ins and outs with minimal $ at stake.

I have come across an opportunity to acquire a large quantity of vacant land at a very minimal cost.

Personally, I think going the LLC route prior to having the portfolio is jumping the gun, with minimal to no benefit, and makes things (financing) more difficult.

Their expertise minimizes your risk of a bad situation, and your choice of project will be less of a shot in the dark. 

Your tax hit is minimized but you're also paying down debt tremendously fast.3.