I’d simply ask in what situations where the broker and the brokers firm did nothing to facilitate the sale do you think you should get paid a commission?

. $800k/annually less 38% taxes= $496,000 annually=$41k/mo.I was simply answering what it would take to yield $40k in cash flow monthly, that is all.To answer your other questions, I don't know what you're buying with $1M that produces gross $30k/mo.

I would start by finding areas you actually WANT to live and go from there.Picking a place to call home simply because it has a real estate market that you feel will fit your goals is a great way to end up miserable. 

Most Heloc rates right now are around 7.75% to 10% so if you look at your blended rate between your fist and Heloc you would be better off doing a cash out refinance.A lot of people forget or simply do not know that if you do a cash out refinance the rate does go up but in 12 to 24 months if you do a "rate and term" refinance you can get it back down fairly close to where it was at prior.

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

Simply invest in funds operated by people who are out there in the public, doing events, being interviewed.

Most of my owners use our services because we take the property off of their hands and minds and they simply collect their checks as they come in but I have some owners that prefer to be more hands on and use our services because they value my opinion, resources, and ability to get their homes occupied at top dollar.- From someone who owns and operates a MTR and LTR PM company with over 75 units and an investor myself

My belief for SFR is that prices simply don't move much and grow slower than inflation.

I'm not sure if they can realistically pass that liability off to you simply by stating it in their contract.

We have become good at it, by simply issue a 3 day letter to pay rent or quit.