If that’s not the case, then the assessed value would be stepped up to FMV and you could be getting a supplemental property tax bill as of the date of death.

If market rents are $900 and $750 why are you choosing to supplement their rent out of pocket.

I am currently working in the Transportation Industry and I'm excited to get started in all aspects of REI to supplement my current income.  

Also, I've decided to get my real estate license for a couple reasons 1) to get access to the MLS 2) be able to look at properties and make offers myself and 3) supplemental my income.

Pps I've been to Providence dozens of times so have a medium knowledge base but will supplement with driving and walking

Our goal is to have enough rental properties to supplement both of our incomes combined.

Good tenants, all tenants, expect to pay market so as much as a landlord may think they are making points with tenants by supplementing their rents tenants have zero loyalty to any landlord. 

@Tom Hertel It very much depends on your goals.Are you building long term wealth as a substitute or supplemental retirement fund?

I'd save this for something you have a HIGH probability to close on and even then have it supplement YOUR research...

Hello my name is Matthew. i found BiggerPockets years ago and have been interested in real estate since i was in high school. i made excuses and let life get in the way for many years.....bad decision seeing i wasted all that time. fast forward to now i am married and have an almost 2 year old son ( wow he grew up so fast). right now i have a decent job with a very caring company but it just isnt enough. though i can save some i wont be able to provide the life for my family i feel that i should. i have been rebuilding my credit for the past 18 months. now is the time for change, yesterday was the time for change I WILL GO DOWN THE PATH TO A BETTER FUTURE. i have listened to almost all the biggerpockets podcasts, read/listened to many books, i am a delivery driver on nantucket island so i listen to audiobooks and podcasts all day while working. i have been started looking for deals but still having a little difficulty analyzing deals. currently i live on cape cod Massachusetts and commute to nantucket everyday. i use the hour long ferry ride each way to search for deals. i have alway been interested in owning enough multi-family homes and apartments to supplement my income. i am currently away from home and my family 14 hours a day, sleep 6 to 7 hours which leaves me spread pretty thin. i am grateful for such a wonderful community that is biggerpockets for coming together and sharing, teaching, helping and building one another. now that i have kind of ramble on i will get back to the point. i am interested in the BRRR strategy particularly with multifamilies 3 units and up. i would also love to learn how to analyze deals better so i can either wholesale them to or partner with other investors. i am not opposed to investing out of state but dont have a team formed yet either in or out of state. i have been all over the country and live in oregon, arizona, north carolina, maine, new hampshire, maine, alaska, and now massachusetts it is great to be here, i appreciate you all and cant wait to know you betterMatthew Hudson