I would wager that if you haven't sat down and done a tax plan before, spending a few hundred dollars with a tax pro could save you tens of thousands in the long run. 

Are they paying below market rent because the landlord hasn't increased rent over the years (eg long term tenants with no increase) or were they rented that way (ie low rent either to fill or because landlord didn't know what market rent was)?

I am 21 years old and have been learning about real estate investing for the last three years.

It can be done with FHA loans, short-term rentals (Airbnb), long-distance landlording, live-in flips, or partnering with family.

This will allow you to shop for properties more easily, and will also make it easier to run different scenarios for different properties that you view.The best way to prepare is to have your income for the last two years and YTD available, know how much you have available to spend, and write down any questions you want to ask.  

I just listed it up on airbnb and have had 5 requests to book already - given 3 were for last weekend and I was not prepared for that, so denied all of them and set a 7 day advance notice.

Just write the check.Especially at long distance I would walk away from anything remotely questionable on the foundation front' without making an offer. 

As long as the source of water is removed, the mold will not return. 3.

You should verify this with official HUD documentation or through a HUD-approved lender.Term Until 2051:The mention of the loan term extending to 2051 or until the property is sold or refinanced suggests these could be loans with a long-term structure or special conditions.

That's a great book, I think it goes long well The E-Myth by Michael E.