If you’re remote, acquisitions might be a good fit since you can focus on finding deals and leave dispositions to local partners.

We use Google Docs Template - it is good because you can share it digitally as well as print and leave in home. 

Subtracting the $1600 leaves $700 of profit with each new house.

Hi Sam, I would say that you should consider leaving this deal if you are concerned moving forward. 

it is technically a real thing but very rare, and there is plenty of historical data out there that shows those who have less skin in the game are at a far greater risk of default by a factor of 5-7x.

@Michael BertschAs a general rule, we only leave a fireplace functional unless it has a sealed, externally vented, gas insert ... and, even then we may disconnect it.Check with your insurance provider and see how unhappy a functional fireplace in a rental makes them.

This leaves me $700/mo (plus $200/mo in reserves) to pay myself, which seems high for a “house hack”.Hindsight being 20/20, I may have bought out of my price range.

Leave as is and simply provide info for the nearest Laundromats. 

Just a thought. do you have to have an account with U tube to be able to leave a comment I never can leave comments on any of the sites I visit I suspect because I don't have a log in ???

Will I have to leave the state?