To get that $10k yr you are giving up $250k tax free. ($300k has to be earned to net $250k.) so you’re looking 5 years of zero vacancy and zero capex to break even.

Make it your business practice to post the notice to pay or quit precisely on the day after the grace period ends, every time.

Work today or don’t work today, it’s great forretirement.E.

If she is worried about her gas bill, she apparently can't afford to live in this unit.

He continues to deny he lives there, lied to the police when they came with a code violation and inspection, and most recently overloaded the electrical and blew/snapped the line! 

Send 3 day notice certified mail and tape to door.

If you live in your short-term rental (STR) property in a future year after claiming depreciation, depreciation recapture does not occur immediately.

Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.

These days seems like most wholesalers take the profit so you don't have to.There are great HML around. 

The property would be in Florida as that is where I live.