That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.

I have some clients who prefer to have a PM for maintenance/contact/rent collection/general management and will place tenants and write leases for themselves in exchange for a reduced rate.  

Once in service, expenses become deductible, reducing taxable rental income.This post does not create a CPA-Client relationship.

I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.

I’ve seen countless stories of families choosing between groceries and rent, or parents juggling eviction notices while trying to shield their children from the stress.

I grew up around a “grind” mentality, and my family members seemed to spend all the money they made.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

While automation and calculators can certainly improve efficiency and reduce human error, they can’t replace the judgment gained through repetition and real-world experience.

Is her goal to be nice and provide some of the gains or reduce her taxes by trying to split income between her and her ex?

Investment Info:Single-family residence buy & hold investment.