are you handy or do you have team of handyman when issues arise?

@Chase AlexanderRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

For the first 4 loans or so, lenders are going to be less aggressive (requiring more down) than if you have several under your belt.

Should it be a percentage of net profits, a fixed fee, or another structure?

I am also wondering what to show for CAPEX schedule, if it should be anticipated expenses in future or just show the past expenses, or should it just allocate $ for each month. 

Did you inherit this home with a step up in tax basis or will you need to pay taxes on any gains if you sell?

Hey @Marc Shin, we don't offer Netflix or any other streaming service, but folks simply log into their accounts on the Roku TV's.

People in this camp feel it doesn't make sense to buy a SFR or small MFR in markets like ours because it is more of a liability than an asset.- Others believe that investing in areas with high appreciation is sort of like putting $ into a retirement or a high-interest savings account.

For us, still in a growth mode, we take action and figure out how to redeploy that equity into other real estate through either cash-out refinancing or selling and 1031! 

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?