Setting rent significantly above FMV could be seen as an attempt to shift income or inflate deductions, leading to potential penalties.

Investing in  2-4 unit properties within the Dallas-Fort Worth metroplex would be ideal but I am also interested in other potential deals, that fall within the 2-4 unit range. 

Still tons of deals that hit the 1% rule and positive cash flow here and you get amazing appreciation potential.

Fees seem high but could potentially be worth it.

In over 15 years of lending our money privately, here are the most common questions we are asked by potential borrowers.

I’m brainstorming ideas on how I can market myself to potential mentors in the STR game in order to gain experience.

Buying a second home to rent out is a solid strategy, but be sure you understand the cash flow, including mortgage, taxes, and potential vacancies.

Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on  two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.

OP I think you’re in a great geographic spot and potential REI strategy potential.1.  

Dealing with repairs, contractors, tenants etc is something I got sick off.A relative is renting out a garage in some empty lot and the thought crossed my mind of maybe buying some lot for car parking but I havent yet done any research on potential ROI on it yet.