Maybe I even pick a 4/2 floor plan to eke out some more rent. 

I find DSCR most lenders are 8 to even 9% for max leverage on 5+ right now.

With this amount of money there is probably going to be a gift tax that your friend would have to pay.

It’s the same thing except it’s done in the name of the IRA and all the money comes out of the IRA and returns go back into the IRA. 

And that can cost you time and money.

We were especially thrilled to start our investing journey with a duplex, and it was even better that the tenants desired to stay and had been consistent with rent for many many years.

ET says no employees period, even if part time. 

I tried it in an apartment complex and it was an absolute dumpster fire and lost a lot of money.

Every day I mark how many calls to leads I made, how many people I contacted (and was it email, call, text) from my database/past clients....how many social media posts I answered or made, etc.I don't know if that's automating, but every week I can quickly see how much of each money generating thing I did.Do you use Google Calendar? 

Do you value time or money?