Account for x2 the dumpsters and x2 the demo because plaster is a PINTA to deal with.

Regardless of the nature of your business, it is critically important that you maintain accurate and up-to-date financial records. Managing your books will not only help to evaluate the performance of the business but...

They're the only ones flexible enough to take into account all the information you provided.

You just have to account for proper potential risk.

During this 10 years, my cash just lies in the account and does nothing, when I would prefer to invest it right away.Anyone in the same boat?

Account Closed Ok, thanks so much!

it's interesting that you can borrow from tsp at 2 percent interest. is the interest going into the same account as in you're paying yourself?

Gross rent is $1450 per month ($625 for one unit/$825 for the other).Taxes: $1280Insurance: $1400Operating expenses: $725 (Accounting for 50% of rent)Mortgage380PMI0Insurance116Taxes106Vacancy35Maintenance725Total Expense$1,362IncomeMonthly Rent$1,450Annual Rent$17,400Cash FlowMonthly Cash Flow$88Annual Cash Flow$1,056I understand that most target $100 per door, and that would be my goal as well.

It's like choosing an accountant:  do you want an accountant who is knowledgeable about real estate, or closest? 

I'm meeting with a accountant next week for rental issues regarding taxes, but a lot of the lending is out of his scope.