It’s also worth asking the seller for more details on the tenants’ payment history and lease terms.If you’re new to this market, local property managers or real estate agents can give insights on vacancy rates and tenant turnover.

There a ton of opitions for investors and a few new programs have just opened up that are making it easier to build an REI portfolio. 

Their policy changes including price increases, charging for every little thing as an "add-on", complicated GUI and the lack of fixes of known problems (posted by their "community" on a Facebook Group), and super slow ACH deposits (which take 10+ days!)

For bigger deals, it’s always a good idea to set up a new entity, like a special purpose vehicle (SPV).

I'm new to BiggerPockets and have found this site from "The Book On Rental Property Investing" by Brandon Turner.

For rental properties, travel expenses for investigating new properties are not deductible unless you've identified a property to purchase, in which case these costs are added to the property's basis. 4.

A new tax year is upon me and I'm thinking of buying quickbooks, as it would help me file my taxes and would look better to a lender than the expense sheet of my own creation.Thoughts? 

Remember the 90 day rule is from the time your deed for purchase was filed until the time new sales contract is signed from what I understand. 

I'm new to BP.