Quote from @Max Ferguson: Quote from @Jay Hinrichs: Quote from @Max Ferguson: I'd be interested in hearing about it, but I can almost guarantee if you aren't extremely well versed in the local market you will not find an end buyer.

•Offering fair and reasonable terms that aren’t predatory.However, if you’re selling to investors or non-owner occupants, these rules generally don’t apply.2.Use a Licensed Mortgage Loan Originator (MLO)•To finance more than three owner-occupied properties per year, you’ll need to work with an MLO.

Pros: pay off mortgage sooner, one account for everything (all cash + deposits + expenses are paid from the HELOC)Cons: higher interest expense, higher opportunity cost (putting all your cash into the HELOC means you aren't investing it into other things that could yield higher returns)

Publication 15, Employer's Tax Guide, says only this much:...Payments for the services of a child under age 18 who works for their parent in a trade or business aren't subject to social security andMedicare taxes...No definition, and IRS publications are not really law anyway.

If you are saying you want to be making 350k a year from real estate before you leave your job, you have a LONG way to go and aren't thinking of it the right way right now.

I don't know if any of you have ever played that game from the "Rich Dad" author, Kiyosaki is it?

Yes, you should be concerned, but you aren't looking in the right place.

Now, either I'm not posting in the right places of i.e Cragslist / BP etc or my ads aren't as well constructed as I think they would be to attract motivated sellers.

The true test is when things aren't going well and the investment is put under stress.

Given how the housing authority does their rent price determination on individual units, and government ran programs are never beacons of efficient processes, it can go either way.Note, the examples I speak of only relate to C-Class and below areas.