Dear BP,I am interested in buying in PR due to many microeconomic factors that make it feel like a good time to buy.

You are correct, I didn't factor in vacancy rate, repair costs etc so that will bring the expense % up.

All depends on multiple factors.

Man, taking OPM to the next level, I see.The capitalist in me says, go ahead, save every dollar you can, however you can.The taxpayer in me thinks you're a jerk if you can afford your lifestyle and invest in properties.

Now that you have the knowledge and presumably some money to work with, the key is to pick one strategy and go all in with it (at least for now).Here's one option for you: You already both have steady paychecks to fund your current lifestyle, so more income is not necessarily the issue right now, first you may want to focus on reducing your expenses.

I think a large factor has to do with the age and condition of homes.

What you should do is based on several factors and is not "cut and dry" or "one size fits all."

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.Any lawsuits would be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced).

Hey Ronnie,Take a look at it from this angle: one of the factors that will help push your rent in the higher range is the condition and layout of the unit.

@John Pandolfo I'd say the decision depends on several factors.