One of the properties had foundation issues; I was aware of this from the inspection report but it ended up being quite extensive.

I work full-time as a CPA audit manager at a Big 4 public accounting firm, and in my free time I would love to help and learn from an experienced investor with strategies similar to what I’m interested in (appreciation, single family (potential multi family), mid-term rental (potential short-term)).Open to any advice as well on how to make my first leap into actual investing!

Feel free to reach out directly if you want to talk anything through.  

Thanks, appreciate it   Feel free to use your thread as a sounding board. 

Accounting features to generate necessary reports 5.

- Total 6 yrs  i.e 4 yrs (75% was rental and 25% primary) + 2yrs (100% primary)- $300k capital gain / 6yrs is the net gain per yr - $200K for 4 rental yrs + $100k for 2 primary yrs- So $150k (75% of $200k) is taxable and the remaining $50K (i.e 25 % primary) + $100K (2 yrs 100% primary) i.e $150k in total will be tax-free? 

Michael - I'm free to connect anytime today

With my line of work not being around all the time I was curious of this since I would be able to manage lease agreements, advertising if needed, long term projects, rent collecting, and reporting. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Going pay some medical debt and I’ll be debt free.