But, it's very commutable, and a lot of people working in Reno (especially South Reno) actually live in Carson City because it's cheaper. 

in cash flow would cut it for me. i'd want enough to cover the mtg, but also R&M and a little for vacancy. if i can't do that plus have a little actual "cash flow" left over.... i'm still here :) if that's any indication. 

Purchasing a property for your child while they attend college can be a strategic investment and a great way to provide them with stable housing.

A fence or a drive way is 15 years and a major appliance 5 years. 

Your mentor’s advice about starting with a rental property is solid, and a duplex could be a great option for house hacking.

Nope......i heard of it on a podcast though.i actually have studied banking and economics for the last year and a half.

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

We have a parking lot, a dumpster, a few picnic tables, a small playground, a small dipping pool, and a "dog park," which is really just a fenced in grassy area.  

You'll find that rental property investing isn't scary at all and a great property manager can actually save you more money than they will cost!

@Diego L.That's actually an interesting situation and a case where revocable trust may make sense.