If I had a 30, then the extra principle payments might not look as attractive and maybe I don't follow it as strict.

When they are late, I follow strict protocol, I issue a late notice immediately, then after 5 days a 10 day pay or quit.

Hi everyone,I'm looking at joining Lifestyles Unlimited's PIG (multifamily investing) group, strictly as a passive investor.

We have decided to start saving, 25k-30k a month (Advised to keep this in MMA's until we're ready to use it to minimize risk) or 300-350k annually, strictly for Multiunit property investing.

Also, certain states have very strict dual agency laws and may require the dual agency relationship in writing, which would include non representation. 

You don’t depreciate strictly 2nd/vacation homes, only rental properties. 

If on the other hand, case 2, you have some strict rules regarding how you can or cann't participate in the management of the property.

I know it is annoying when some guests do a bit of damage or make a mess.We had some guests break a window, break the futon, break a handrail bracket, cigarette butts on the deck (we have a strict no smoking anywhere on the property), leaving garbage here and there, not cleaning up after their dogs....All I do is fix the problem and charge the guests for the damage.

We are super strict/slow at taking on new business as we are too busy meeting existing investor demand.

The other option would be to purchase the property strictly as a rental unit; nowadays, lenders are willing to go with 15% down; no income verification, and perhaps the rate be favorable in the high 7% to low 8% interest rate.