Then, once you incorporate an entity structure, that will play a part as well.Hope that helps!

Keep track of those costs this year, they come into play in 2025 when it's in service.

So if you had 20 of them, you're talking about a huge retirement kicker that you can build.If you're up there higher in age (i.e. 40's or 50's), then the long play doesn't make as much sense. 

These will be LTRs and I will most definitely be playing the long game with these.In addition, as rates go down in the future (hopefully) I plan to refinance as most of us do.

Depending on what you want to do and what role you want to play, would depend on how you should go about it. =)

Columbus is going to be more of an appreciation play and cash flow margins will be tighter in the beginning. 

My nephew when to Cornell and played football. 

As a senior baseball player looking to eventually play pro ball after this spring semester, I acquired a serious interest in doing real estate as another source of income.

In playing with the numbers a bit, I'm seeing a trend of atleast 2% rent to price and (ideally) < 7% mortgage rate needed to achieve a decent cash on cash rate.

I am also curious about when/how an attorney/legal involvement comes into play with this.