If, for example, your taxable income was zero because of the way you bought and managed your investments it might be okay.

You pay off the two loans, so your net proceeds are zero.

I want to see very juicy cash-on-cash returns on RE investments.Now, given that long term Cash-Shiller data shows inflation to be the ONLY driver of house prices besides changes in lending policies, you'll likely get this amount of appreciation and more.Don't get me wrong, I have RE investments.

The borrower will buy a "lenders title policy".

Mobile home policies are different animals and have more exclusions than a typical hazard insurance policy for a stick built home.

in about a year i should be making 60k+/year working around 30hrs a week with zero debt.

why should he worry about the ramifications of his spending policies?

Those that rent to low income tenants:If I were to institute a policy of no prior evictions and felonies during the screening process, do you think I would eliminate my entire rental base?

hi all i have read a lot about LLC and the reason behind thembut what i do not seem to see is any one who has actually needed one,,,, i could be wrong here and that is why i am asking .i have friends realitives etc who have owned rental property for 30 + years and do not have LLCS ,,, and here in Ca the cost is i think 900 a year,,,, with good insurance and a million + umbrella policy isnt that enough?

Should be zero if not really close to zero.