Rentals also build equity through tenant payments and appreciation, with profits taxed at lower long-term capital gains rates when sold.

Consider tenant stability, including consistent payments and maintenance of the TOH.

I have a large lump sum saved in an investment account for down-payment and any additional costs.

I have enough saved for FHA loan down payment on a duplex up to 500k. 

The only slight red flag was that they only accepted payment via Venmo or wire transfer, but that's how I accepted payment when I was selling lead bundles, so I still thought it was worth a shot.

They have failed to renew my entities with the Secretaries of State multiple times, have billed me wrong amounts, and GREATEST OF ALL, have cost my business ~$50K in cumulative TAX PENALTIES due to negligence in filing for a tax extension, failing to walk me through my tax filings and needed payments, and failing to file an abatement promptly.

The appraisal district shortly thereafter corrected the tax allotment “anomaly” between the two lots, but the investor never made a tax payment and eventually lost the lot to a tax foreclosure.  

Rearrange photos, change payment from one to two payments, etc. 

So same thing I paid my monthly payment to my bank and kept the rest.

The main thing that pops out at me every month is that less than half of my payment goes to paying the principle down, over half goes to the interest, taxes, and insurance, ect.