They are paid through a DBA we started.Also, unrelated, how do I keep my profile picture from rotating 90 degrees.

Renters insurance only covers the renters contents inside the home.

Our first goal is to have her income covered in about 5 years so she can free up her time.

We are not qualified or set up to calculate a financial picture in the same way a lender does, but we are also not evaluating the same level of risk.

You’ve got the right idea when it comes to liability protection and separating the income for tax purposes, but there are a few things to consider with the "due on sale" clause.When it comes to paying the down payment, it’s perfectly fine to use your personal account to cover it since you’re personally guaranteeing the loan anyway.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Given that the house is paid off but has $27K in back taxes, you could offer to cover those taxes upfront in exchange for favorable terms on the remaining balance—like low (or no) down payment, and small monthly payments.You could also negotiate for a subject-to deal where you take over the property subject to the taxes, while still securing control of the property for your BRRRR strategy.

Here’s how it works:Buy a cash-flowing property with solid fundamentals today.Rehab it, improving the property’s value and generating more rental income.Rent it out to ensure cash flow covers your costs.Wait for a Rate Drop—this is the new "R."

@Bill AlpertI looked at your listing, pictures & description on MLS.

You’ll want to ensure rents cover PITI by at least a ration of 1 to 1.