https://www.linkedin.com/in/bobprisco/AboutThanks for taking a minute (or two) to read about what we do and why it might benefit you too :-)At first glance, we might look like JUST another real estate investment firm.A firm specializing in helping regular people (like us) achieve true financial freedom, reducing risk, maximizing passive income, and saving on taxes…One that delivers 100% hands-off turn-key rental properties to our investors from around the globe.

We regularly update it.

Yes, my mom would pay rent; or rather, I would be paying it but for purposes of the analysis I'm just assuming a regular tenant.

if identical comps are 160, 160, 160, 160, then it's 160. 

Add to that when you put <20% down, you're going to have PMI on top of the regular mortgage payments.

The plan is to: - Make regular payments on the seller-held mortgage for the agreed-upon term.- Pay off the balloon payment at the end of the term.- Immediately refinance the property with a traditional bank mortgage to pull out a significant portion of equity. 

I accept them and mitigate the risk by (a) screening the animals, (b) having a solid set of rules that are quickly and fairly enforced, (c) regular inspections, especially for cat units, and (d) charging a monthly pet fee.Let's say I have five single-family homes.

Regularly performing or overseeing maintenance and repairs c.

I am not sure I've ever seen where the tax writeoffs are different for STRs than they are for MTR's or LTR's in terms of writing losses off against your regular income. 

However, termites can be persistent, so a regular maintenance plan could add peace of mind and prevent future damage.For example, your pest control company’s plan charges $995 upfront for termites and $22 per month for ongoing treatment.