Something needs to be done with fake gurus out there! 

3.Rent schedule available, as well as lease and income reported to the IRS4.Not sure by what you mean doing it through the city, are referring to rehab permits?  

So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

closing costs on the buy and the refi for example will be hefty - thousands of dollars on each. 

Being furnished is also extra work, more things to break and be maintained.

Currently all $200K is subject to self employment taxes ($30K tax bill).If taxed as an S-Corp, I could pay myself $50K as a salary, and only the $50K would be subject to self employment taxes ($7.5k tax bill).

I’m committed to keeping my options open and continuing to learn about being a landlord to ensure I’m well-prepared for my first purchase.To improve my ability to analyze deals, I’ve developed a two-part plan:Join a local BP meet-up group to discuss my goals and support others.Continue learning and engaging with the BP forum.Thank you again for your guidance—it’s truly appreciated!

Prices remain relatively low, but appreciation may be slower.Monroe: A mix of cash flow and appreciation potential, Monroe has become a popular choice for investors, especially in areas where new developments are popping up.Appreciation-Focused NeighborhoodsBallantyne: A well-established area with high demand, Ballantyne offers excellent long-term appreciation potential, though cash flow opportunities may be limited.South End: A booming urban hub with a vibrant retail and restaurant scene.

It’s waaaaay easier for a company to fail or be unable to pay rent than you think.  

How SB-684Property Works // Lot & Unit Size Requirements · The lot must be vacant and in a single-family zone. · Each lot must be at least 600 square feet. · New residential units cannot exceed 1,750 square feet each. // Setbacks & Spacing · A minimum 4-foot setback is required from side and rear property lines. // Tenant Protection & Restrictions · If a home on the lot had tenants in the past 5 years, SB-684 still applies, but you cannot demolish or alter the existing structure.