Rich dad poor dad really shifted my mindset about how i think about living my life and pursuing my career.

You can also write off expenses such as property management, insurance, repairs, etc.

@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?

Anything you buy in the Columbus Ohio market is currently blow up in terms of appreciation growth so it's one of those markets you want to hold the real estate for the rest of your life.

Hi Jessica, if they ban smoking, I believe it will be legal and life for the smoking tenant will quickly become unbearable.

Any impending Insurance coverage or increases?

For example, a buyer putting 20% down on a $500k home would pay around $500k in interest over the 30-year life of a typical mortgage at a rate around 6.5%.

Here's a POSSIBLE, or even common, view of how it goes: 1) Launch: They gush about how appreciative they are that we revolutionized their business and life. 

To analyze deals efficiently, focus on key metrics like cash flow, cap rate, and expense ratios—make sure rental income covers mortgage, taxes, insurance, and maintenance while hitting your 6% cap rate target.

Third party servicing company for $35/mo handle taxes, insurance, escrow, tax forms, statements etc.