The schools ignore personal finance and business and hence people enter the world totally clueless as to basic concepts of business and finance.  25 years ago when I was financing small investors I made a loan to the purchaser of a small 12 unit apt complex.  

You will also have added costs because the primaries that are currently mortgage free will now have mortgages.

For pulling data land data, check out Propwire (free w/o skiptrace), BatchLeads, Privy to name a few.

@Luca Giani we work with a lot of real estate investors some in Michigan, that provide us with a lot of intel on who the great property managers are, and well, aren't.Feel free to reach out if you are looking for unbiased feedback on PMs in your area. 

Hi all,I purchased a two-unit home a few years ago as my primary residence with a conventional loan, and was told by an accountant that there is no reporting or extra tax forms I need to file as long as my tenant in the upstairs unit is paying less than the total of my mortgage.

If you refinance later remember that refinancing is not free.

If you have any specific questions please feel free to message me would love to connect! 

after about $550,000 in remodel costs we reopened the wash under a new name with new logos and branding. we introduced targeted online marketing ads, negotiated wholesale pricing deals with local car dealerships to offer a year of free carwashes with the purchase of a new vehicle. created a monthly newsletter and sourced emails from local businesses. all in all I would say we double or tripled the bottom line numbers of the business in six months and boosted google reviews thru the roof!

To start, I'm only considering making offers on properties where the seller owns it free and clear.What is your step-by-step process?

But beyond that we used many techniques that nowadays are either seldom used or totally misused by the undercapitalized, poorly educated and totally naive disciples of irresponsible “gurus”.