Bob doesn't realize his payment didn't clear until he gets his statement, he is in default, Joe calls the note due just to get at Bob and knowing Bob can't pay it off.

I want to make sure I am doing my due diligence on each property.This is a question for your real estate agent!

I am only familiar with Texas and while there is sometimes limited flexibility it’s basically 100% due at sale.  

Saw it in 2020 and its happening all over again for different reasonsI have invested in the areas myself and plan more in 2025 to take advantage of the huge tax benifits to come.

@Renee R. just a heads up that there can be significant tax implications to hiring a property manager vs. self-manage.

Look for properties with low taxes, separate utilities, strong demand, and potential for rent increases.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

I have it written in my leases that tenants are responsible for clogs as well as damage from clogs. I have lengthy conversations when tenants move in about letting us know immediately if there is a clog, to stop using...

@Andy LanyiGood comments on how to reduce tax bill. 

You may need to register as a foreign entity, file a tax return, and pay taxes in PA.