Purchase price: $220,000 Cash invested: $45,000 This is a 2 bedroom, 2.5 bathroom rental that I purchased.

We purchased the house about 3 months ago and are owner financing it.

This is a quick calculation that we can do to see how much house you can purchase at 100% financing if desired.

Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.

We have some capital and are looking to possibly purchase a small hotel.

Purchase price: $265,000 Cash invested: $200,000 1930’s historic home with a converted garage.

Quote from @Dennis McNeely: In a sandwich lease option, the investor exercises their option with the property owner to purchase the property when the tenant-buyer indicates they're ready to exercise their option and purchases the property.

Just be the absolute best host you can be for the first year -- communicate clearly and quickly, make sure cleaning is top-notch, make sure all amenities work (hot tub is hot, TV remotes have batteries, etc. etc.)

Assuming you purchased in your IRA for cash as most do, then there's nothing to deduct or depreciate because the income is non-taxable inside the IRA already.

I am wondering for those who have an LLC for their rental properties if they are purchasing properties with the LLC or if they are purchasing under their name and then transferring to the LLC?