The expectation is that each child goes through a three month rotation and then a new child would come in to the house when the previous departs. 

It only has three units rented, drastically under market I might add.

Understand that at least three SD 401(k) plan sources exist.1) Many firms that offer SD IRAs also offer SD 401(k)s.

Typically, underwriters will use an average of the last two or three years of filed tax returns to determine this income. 

Why wasn’t he checking up on the subcontractor and giving you updates on the progress at least bi-weekly.No update from Kevin for three months? 

I am in my 20s and have been doing real estate investing for three years!

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

I'm planning to grow it into other areas of real estate investing.Outside of real estate, I enjoy spending time with my three teenagers, traveling, and binge watching Netflix series. 

Building three more vacation rentals before the year ends is an ambitious goal—kudos to you and your partners!

The market rent puts all three together at approximately $2900 monthly.Costs behind the acquisition:Property taxes: $5000 yearlyInsurance estimate for all three: $3,300 yearlyC-class properties (not best location, their condition is about average - older properties)Purchase price: $250,000k$15k down and $235k seller financed at 6% interest for 30 years. 5-year PPP.