It just seems like with the huge amount of car traffic that I would make much more money than just $800.00 to $1,200.00 per month in rent from a tenant, in the long run.

It's automatically sent to them every day.

We also automatically get our email deleted after 60 days. 

I would just add that on top of interest, depreciation and repairs/maintenance there are many other things you can deduct, depending on your situation - things like home office, car/transportation expenses, travel, meals, books/education and many more.

Another great book is "The Automatic Millionaire" by David Bach. - You'll learn why mortgages make you really wealthy by holding properties and paying them off instead of just buying RE and either flip or sell quickly and teach you more about the investing process in general. 

(You can rent two rooms to the same party but can't rent each room to separate parties.)The process for handling violations has been revised to a tiered system, so you're not automatically going to a hearing because a nosy neighbor complainedMaintain $500,000 of liability coverage.Can't use the STR for large gatherings like weddings or commercial events

@Carly Baum - No replies for a year! 

They owe 90,000 with 670 monthly payment. the house is worth 160,000 as a 3-2 with 2 car garage. property is in great condition. the house they want will require a 60k down payment and they may still qualify with another mortgage but i cant guarentee it.I cant buy it from them because my DI ratio is maxed as i have 2 HELOCs on my rental properties along with 3 mortgages including my personal property. my wife is a stay at home mom and I own my own business, qualifying for a mortgage is insanely difficult with no W-2 income.

They owe 90,000 with 670 monthly payment. the house is worth 160,000 as a 3-2 with 2 car garage. property is in great condition. the house they want will require a 60k down payment and they may still qualify with another mortgage but i cant guarentee it.I cant buy it from them because my DI ratio is maxed as i have 2 HELOCs on my rental properties along with 3 mortgages including my personal property. my wife is a stay at home mom and I own my own business, qualifying for a mortgage is insanely difficult with no W-2 income.

Purchase price: $54,000 Cash invested: $54,997 Remodeled 3 bedroom 1 bath single family home built in 1951 in a quiet neighborhood with detached 1 car garage and fenced in back yard.