If you're going with a traditional HML, your lack of experience is going to cause some out of pocket expenses for you.

- Based on your experience, what should we expect for maintenance expenses? 

If possible I would want the amortization over 25-30 years.I know cash out refi is quite expensive with the origination fee and everything, early pay off could cost too or drive the rate up.

That's odd, because I could have pulled an extra $35K out over and above my out of pocket expenses. 

What's the best way to track your property income/expenses for tax purposes?

Perfect for those seeking a hassle-free move-in experience, this property features a well-maintained yard that gives the option for easy fencing to enhance privacy.

It's a bit of a luxury, but once it is set up properly, it is very easy to track income and expenses.

It would probably be best as a strategy to reduce your living expenses so you can save up for the next deal. 

If you- own a short term rental in your name- have a mortgage on that property - self manage Do you still create a LLC to manage your rental business or do you manage it under your name and then file income and expenses as part of your tax filing?

Additionally, the charming architecture of the homes along the street enhances its appeal, making it a prime destination for investment.