Have you done salary or salary plus commission or all commission?

You may run into an issue where you can't spend money as fast as you can save it and want to consider larger downpayments or all cash purchases.

All 1 bed's in case you didn't know are hard to do purchases on and also refi loans on.Certain student housing lenders out there but for one beds only with regular multifamily lenders prefer a mix or all 2 beds.

The other option would be to try to find a bank that will do a commercial/blanket mortgage for several or all of your rentals under 1 commercial loan freeing you back up to go get 10 more Fannie Mae mortgages.

This means you are not trying to turn the property.Some information on the tax treatment of Flipping:Flipping is treated as a business and is subject to income tax as ordinary gain and some or all of it may be subject to Social Security and Medicare.That said:A 1031 is a great way to defer the taxes on an investment property.Just make sure you do your due diligence to be sure you know what you're getting yourself into.

It's free and clearly some or all of them were unable to sell.

If this is a good tenant - pays on time, not causing problems, not trashing the place - I might pay part or all of the costs to fix this.

I am thinking of pull out some or all my equity and add cash to the deal to make sure I get a positive cash flow from it, while maintaining as much of my cash as possiable.

$10K/month would require about $800K in cash invested.If you're starting with a smaller amount of cash, multiple that amount by about 15% and that's a rough estimate of how much you should be able to generate per year in rental income (again, just a rough estimate and won't apply to all areas or all properties).

If their 35% is not enough to cover their utilities, then Section 8 pays all of their rent and sends them a check each month to cover some or all of the utilities.