FHA loans are a great way to get started with a small down payment, but make sure you have some reserves for things like repairs and vacancies.

Specific example,  I tell all my owners that any minor repair less than $150, i will fix for free.   

You'll still have plenty of money to do a duplex/quadplex and give you breathing room (what would you do if you needed a large repair on the rental?).

They obviously cannot control some costs, but they do have input on things like maintenance and repairs and some other things.

A CPA can ensure proper filing of rental income on Schedule E and help identify tax-saving strategies, such as optimizing deductions for maintenance, repairs, and travel.

I have flown into north bend many many times I would go on IFR training flights from Aurora and my go to  was first to Newport then shoot the approach into North Bend  which takes you about 5 miles out into the ocean for the procedure turn.. always could find some actual weather there..

Focus on distressed properties needing cosmetic upgrades where the after-repair value (ARV) justifies the rehab costs.Good luck!

At full occupancy, the cash flow I just keep in reserves for repairs or help pay the principal. 

., repairs, taxes) must be paid directly from the SDIRA.3.

So repairs are done at a fair price the same day/night.