It's called Debt Service Credit Ratio.

Make sure that your travel records are in good shape.You will make a major mistake if you wait until after the initial interview to learn the rules.The hours you spend as an investor reading reports and otherwise monitoring operations does not count for material participation purposes UNLESS you are directly involved in day-to-day management or operations.The IRS has learned that taxpayers seldom study the rules until after the initial interview, meaning that poorly informed taxpayers admit much in the first interview and then pathetically try to change their stories after they learn the rules (this is usually too little, too late).Goal here is to educate you, not overwhelm you.

In 10 years, you'll be glad you did.thank you karen. interesting, the more i dig the more reasons i find for single family house to be a better option. starting to understand why they are cheaper when compared to an equivalent sfh..regarding financing , i would love not to put 100%, but i'm not a from the us and from what i understand i can't get any mortgage in the us yet (don't have a credit score, nothing). my plan is to buy the first property now cash only and start working on getting my credit score going so in 18-24 months i can buy my next one with a mortgage.Originally posted by @Scott Schultz: Regarding Condo Exterior repairs, it is also common for a major repair to require additional funds over the HOA dues, so a Special Assessment is often levied.

As of now i am working on building my credit , since i do not have my own money to invest.

Based on my credit, income, and a few documents I had to provide they were able to get me the money in 5 business days. 

If it's an SFR you could technically get a HomeStyle reno loan on it, but that would be a lot of closing costs and other nonsense just for an extra $5k.I'd suggest credit cards or other unsecured borrowed funds -- get it done quick and sell it quick to pay it off. 2nd best might be some sort of equity deal with another investor who has $5k to invest. 

Hi All,I have a rental applicant whom I would like to place in one of my shared housing rentals.We strictly require all applicants to undergo a credit and background check.

And I presume it will get to 5 pretty quick unless you have great credit depending on area. 

I have about four savings account which totals a little over 3k for different reasons like Emergency (2k), Travel (1k), a credit union saving (~300+), and investments (~350 and adding [Had more but I spent it some stuff to educate myself and get started with the stock market.

I am from England, so my questions might be culturally related.Question 1: “Ghetto areas” in LA

I’ve found a few promising properties in LA zip codes that, according to Best Places & City Data, have high levels of violent crime.In the UK, we’d call such areas ghettos and they are not worth investing in, as the tenants lack income, the monthly rental prices are low, and the property management companies provide a poor service.