Otherwise, you're looking at trying to buy the best cash-flowing property with your 1031 exchange so that you can use the monthly income stream to pay off your total debt a little bit faster.  

We are shooting for 3x income, but might settle for as low as 2x, if the person seems like a good candidate.

If you are looking at a STR deal in the Smokeys, I suggest using a DSCR loan to buy something turnkey and just qualify with AirDNA projected income.

. - based on personal Income, Credit, DTI, etc (1-8 days)3.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

My current income is sufficient enough to cover my living expenses, live comfortably, and put a portion toward savings each month.

By accelerating your depreciation schedules, you reduce your taxable income which in turn increases your operating cash flow.With the increased popularity, it has created an increase in cost segregation companies and technologies all trying to offer quick and inexpensive reports.

We plan to build 10 duplexes around OSU and keep them for ourselves for passive income.

The amount of people relying on RAFT for first, last and security is extremely common in lower income areas since they are typically living paycheck to paycheck and it is hard to come up with deposit to move into a new place.

@Emre Dura you may want to connect with @Drew Sygit to discuss this in further detail after reading below...All foreign investors owning U.S. rental property are responsible for paying taxes on any and all rental income they earn in the U.S. regardless of any tax treaties that may exist.Since some of the regulations and requirements can be confusing, Logical Property Management (LPM) has created this document to summarize the options for a foreign investor.