Lates on a mortgage trade can impact your ability to get loans in the future. 

is why they want a payment plan.. personally I would take them up on it. 

Amarillo, actually.  1960’s build, nice area, but a family trade thing I never particularly wanted.  

I’m new to the community and I’m planning to start a Section 8 rental property business.

We are both 28 years old with zero experience prior to getting involved, she works for the business now and I work Blue Collar in the trades. 

If you're more of a 'personal referral' person than a 'do research online' person, and this is local to you in Manhattan, KS, hit up one or two of the trades people in the "little apple all stars" BNI group.

This cap rate is not completely out of the realm of what things are trading at.  

I have my real estate license and am also an occupational therapist by trade- but truly I don't want to be in healthcare OR to help others to buy/sell- just want to get more properties under my own belt!

Rent-a-plans?

But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction.