@Ashley Campbell You are wise to engage an accountant who understands real estate and who has a significant percentage of RE investor clients.That said, it shouldn't cost anywhere near $5K for you to get answers to basic questions!

While a percentage set aside for repairs and maintenance doesn’t mean you’ll necessarily have enough stashed away for this expense it would certainly lessen the blow of the expenditure.

If the house is a 2nd home/vacation home, for example, and the owner lives in it for part of the year, they may be able to claim a percentage of the credit equal to the percentage of time they live in the property.

Buying a second property puts you in an even smaller percentage of the population than you already were in. 

When there's a new property they take the tax assessor percentage of building/land value and use that to obtain the building value based on our acquisition price.

, and also what to keep in mind when negotiating those fee and percentage with the agent.

The compensation amount must be written in an object format (i.e. percentage of purchase price or flat fee) and not be open-ended.

More control over expenses, including what would've been a cap ex in MFH becoming a NNN expense that tenant's cover, or at least a percentage of them if leases are properly structured.

But he said the prop. management he looked into out there takes a percentage of profits from everything, including repairs.

Excellent location in Mesa.I shopped around and I found a mortgage broker who was able to get me a 6.99% rate who took the loan to UWM (united wholesale mortgage).I negotiated a $15k seller concession I used for a 1-0 buy down so my rate for 1 year will be 5.99% and then revert to 6.99% for 30yrs. and then we used the rest of the concessions for closing costs. in 6 months or 12 months I will revisit to see if mortgage interest rates dropped significantly to justify a refinance to lock in a lower interest rate.part of the approval process for the Fannie Mae 5% mortgage is to make sure that i could afford this property and that i have good credit, my income is consistent and stable and it reflects that on my tax returns, I have sufficient capital reserves for the subject property and my other 10 Multifamily properties (6 months of PITI for the subject and then it's percentage based off of the loan amounts and how many properties you have)I agree, the more that government "helps" they therefore are increasing pricing.