Be consistent.God Bless You!

That's the power of leverage.If you are not trying to grow your money and you simply want monthly cash flow, use less leverage to buy the property (you have put down the typical 20%).God Bless You!

God Bless You!

As I become more knowledgeable my plan may change but as of now I am positioned for a buy and hold strategy.I am not opposed to investing outside of the state but am having a difficult time in finding the right area that is going to give me the best price-to-rent ratio.My long term goal would be to work for myself and allow me and my wife the luxury and blessing to stay home so we can raise our baby…hopefully another one on the way in the not so distant future =)My other long term goal would be to gain enough knowledge to become a major contributor to Biggerpockets.However, in the meantime I still I still have to work my 9 to 5 job for at least the next 5 years until I acquire the knowledge and network to be a full time REI.

Feel free to contact me if you (or anyone) has additional questions.God Bless You!

You can't make money if you have a 50% vacancy rate and a 50% vacancy rate indicates a serious property management problem.God Bless You!

Put in what is the default if the two of you can't come to an agreement, so you both know upfront what will happen.God Bless You!

Again, thank you and God bless.

You need insurance no matter what, but the business entity separates your personal assets from the liabilities associated with the property.God Bless You!

It's really that simple for any investment.God Bless You!