Every dollar spent on operating expenses reduces your potential income.

This attracts a higher-quality renter, ensures funds are available to maintain the home, and reduces the risk of major losses.

If you share a house with multiple roommates, you could significantly reduce cash flow.Good luck on your real estate journey, and keep us updated!

House hacking can reduce living expenses but may limit roommates or share space.

There are several topical solutions that can be applied to the dog to reduce fleas.

Basically we are looking to reduce our risk and if it defaults understand we would be coming after everything and anything.

Proactively managing tenants greatly reduces evictions and other problems.Finding a Good Property ManagerGood property managers are rare, so finding one requires a structured process:Define Your NeedsList required services based on property type and location.

I mean come on, we all know it don't we, Mensa is not exactly swelling with ranks of real estate agents right.

I rented out the house I lived in (in nice suburb with low crime and great schools) - this Class A property is doing well 5 years rented so far, but the property tax increases are reducing my cash flow.  

Any reduction in non-mortgage debt can make a big difference in your overall DTI.Since you mentioned having funds for a down payment, putting more down on your new purchase could reduce your new mortgage payment and lower your DTI.