You minimize your risk of violating Fair Housing Law or compliance issues using an experienced property manager.3.

It's the concept of buying the debt attached to the mortgage rather than buying the house. 

Those are the cost of doing business.I will use my clients property, purchased last year as an example:(57,000+6228-3500)/$190,000=31% IRRMy client lost money throughout the year(repairs, vacancies, etc) and had an 8.1% interest rate.All this to say if you can stomach a few down or flat year, you will make a killing!

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

If I am house hacking then what should be the insurance.

Besides that, I have a credit repair and funding company that helps entrepreneurs get their businesses going.

As far as the 1099, that is for payment to owners if you manage for someone else or your vendors whom you pay for repairs and maintenance. 

When they move out and i paint over the spackle repairs it is usually undetectable. 

2 are not cashflowing with the required expenses for vacancy at 10%, repairs at 10% and capital expenditures at 5%.

Low cost housing is a huge motivator to change behavior and keep their housing voucher.