(expensive and complicated).2.

Do you have a rather new large expensive vehicle?

Also, the good thing about primary is that it only requires you to put as little as 3.5%-5% for properties up to 1-4 unit or 0% if you are a VA.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

These are expensive and you will probably not end up saving money over just hiring a real GC.

That coupled with covid prices increases and me being unable to work as much due to a broken wrist made this our most expensive and least profitable flip yet.

Splitting all start up fees and go forward expenses.

Ultimately this is what theyve offeredPurchase price $250kDown Payment $5kMonthly payment $100010 Year balloon payment.They will cover all property expenses including taxes.They want tenants gone within 30 days.I still owe $146k on the property.

the purchase price can not exceed 300K,should not have negative cash flow, after expenses and paying a property manager.

If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated.

To generate passive income from rental properties, investors should aim to purchase properties with positive cash flow, meaning the rent income exceeds the expenses associated with the property.