After reviewing the standard numbers on population, jobs, income per capital, crime rate, appreciation potential, etc., I was not overly impressed but decided to move forward despite the numbers due to the amount of rent/sqft in comparison to the cost/sqft.

It is fully rented with gross rental income currently at 2600 per month.

Hi BP Members,I shortlisted one RE property with $350K purchase price and with good long term tenant income ($4400 PM current).

There is such a shortage that state government is giving tax breaks to developers to build more multiplexes As far as specific towns I'd say Nashua, Concord, Manchester, Durham (where UNH is), Dover (right next to Durham), Portsmouth, Seabrook, Salem, Exeter and Hampton.I chose Dover because its a mix of students from UNH and young professionals. 

Otherwise, if you already bought the property in your name and use QCD to transfer to LLC it's easy to track.3) Getting properties off your 1040 tax return: once you accumulate enough real estate, for various reasons you may not want the proeprties to appear on your Schedule E.

Too bad you can't buy something owner-occupied, put 5% down with the best interest rate, live in it for 12 months (and fix it up), rent it out and repeat the cycle.Here's some other info you might find useful:----------------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

That said, I live in Texas, and I have found that the property taxes and insurance are prohibitively high to make a short term rental work here.

I’ve been looking at properties in Texas under $60K that could generate good rental income, but I want to understand the common terms and structures of owner-financed agreements before jumping in.A few questions I have:Typical Agreement Terms – What are the usual structures?

It is still a low income area that is up and coming and is becoming more desirable for it's proximity to the aforementioned areas.  

Traditional IRA withdrawals are taxed as ordinary income, with a 10% penalty if under 59½, potentially pushing you into a higher tax bracket.