A very small percentage do it an easier/softer way.

However, there will be a segment with a high percentage of reliable people.

While the guarantee of income sounds great, it's only a percentage of the rent, typically up to 70% and the tenant has to pay the remainder.

As you build your net worth, you get more granular control of the percentage of it that you can put into any one investment. 

While it is variable, most of our booking requests come around 4 weeks in advance.

Do not quote me on this but I think someone told me the new fund was a debt fund (along with some other asset classes) and a percentage of the money raised was to invest in their other funds (ie. instead of capital calls). 

With 179 you are going to be limited based on your percentage of business use with the vehicle (so still need to track mileage), and if you go under 50% business use you can end up with a recapture of your prior 179 deduction - income with no related cash flow is always a bit uncomfortable!

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

There are so many moving parts (variables) it will drive you crazy. 

Our extensive clientele base spans across the country, and while we may charge a minimum fee that may deter a certain percentage of prospects, we believe in emphasizing the value that a competent CPA brings to your investment operations.With over 25+ years of experience serving in large middle market accounting firms, I bring a wealth of knowledge and expertise to our firm engagements.