I would confirm by seeing the product then going out and checking comparables in that market that have sold. 

But, understand they will all have slightly different pricing as well, and when you "layer risk" rates/terms go up. 

The short answer: YES, you usually need to send 1099s if you're a landlord, regardless of the number of units.The confusion comes from the fuzzy definitions of "running a trade or business."

@Matthew Kwan I believe it depends on the type of loan.

You just ask to be added to their customer list and they'll come automatically when the snow hits.  

Hey @Matthew Ferguson ...That depends if you're thinking of going the LTR route in the city of St.

Once the lease is signed, I go to the bank and open a new security deposit account, and then the bank provides account number, which I then manually enter in the lease and have the tenant sign the lease again.Any guidance on avoiding the hassel of having to sing the lease twice lease?

Sometimes telling a seller "I can only make this work if we adjust the price" can open up negotiations.

Quote from @Brendan Doherty': I’ve read in books of people getting past having to live in the property they own so they can rent all units year one of ownership(living on the property with an rv).

I have no experience in real estate investing and don't want to waste my time in something and then end up somewhere else down the road and realize I should have started there.