And what if the one person you didn't check has a criminal background, has collections, and more?

Do you sell / buy real estate in Mexico personally? 

We purchased it off market, as-is, and as it was our personal home, we renovated over time.

Figure out which best fits you and your personality and take it from there.  

It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.

Congratulations on the duplex -My investor clients have acquired several multi-family investment properties locally in the market I operate in Northwest Indiana - Figure out your personal investment objective for the next 4 years and align yourself with the next property that make sense in this current market environment-

I personally wouldn't buy an old home as a rental, I only buy 1980 or newer for myself, all of my properties are in the north part of Gilbert built between 1985-2003.

These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

I personally like Alabama and Tennessee a lot, depending on what specific area you're looking at.Look for Class B or C properties in stable rental markets, particularly single-family homes or duplexes.

Ideally you would put only one persons name on the mortgage unless you absolutely had to have both to qualify.