There are a handful of lenders that are okay without experience at a reduced LTV (65% max) 

We made the best guess with the data we had, reduced that a little, and ensured we beefed up our emergency fund in case we're wrong.

The goal is to reduce living expenses while paying down some of your mortgage liability and learning how to be a landlord. 2.

Accounting costs are shared among LLC participants, which do slightly reduce take-home returns, but that's the price of going in on these deals together with small amounts per person. 

@Mateo Dabila you would take your maximum allowed concessions and then use the rest to reduce the price.  

I want to thank Rent To Retirement & Zach, who got me a free consultation for.The costs to do this do reduce cash flow as well as the administrative time to file the different returns/reports are real, but it is worth it to reduce liability for the long term. 

However, I also believe you made a mistake by agreeing to a reduced increase phased in over time.He is paying $175 below market.

I actively reduce my income from my RE investments (others seek cash flow, I increase leverage to create cash and reduce cash flow with mindset that leverage will maximize ROI).  

Bottom line is you have a deal that could reduce your monthly living expenses to $100/mo.

I began to track my hours and where those hours went.My understanding is that I can use the STR loophole to reduce my wife's taxable income.