I wouldn’t rent to individuals who don’t make at least 3x rent (and ideally they’d make more than that as that’s just a floor), I also wouldn’t accept a co-signer who doesn’t make at least 5x rent because they have their own bills and expenses, even if their credit scores check out I’d be concerned about them bringing in enough on a monthly basis to ensure that I was always getting paid, I’d honestly rather my unit be vacant than to rent to unqualified tenants ESPECIALLY in New York where eviction is a nightmare and the state doesn’t care about landlords in the least

This would be a problem with wholesale deals because once we know about a specific property, the next day we would need to rush and get a POA for that specific deal (not guaranteed with Base Legal being busy), then we would have to ensure it is PERFECT and not rejected by Title. 

I may go above this but I still have a CoC return target of 20%+ I never compromise on.The second MAO is based on my cash flow target to ensure I always have positive cash flow. 

Any recommendations for a good tax consultant who specializes in real estate would be awesome.My goal is to own 6-8 multi family homes - I'd love any advice on the most efficient way to do it.Thank you!

I ensured progress was being made, anticipated issues and discussed with my partner to decide together what actions to take What was the outcome?

I ensured progress was being made, anticipated issues and discussed with my partner to decide together what actions to take What was the outcome?

What if (fill in the blank) To me the point is not how many doors doi own, its more how do I best ensure I have a stable income (that hopefully increases over time) while keeping my nest egg safe  

That ensures that your AC is working correctly. 

That's all you need, with 0.0x% of expenses, and extreme tax efficiency. 

Would contractor's appreciate that or is there a better way to make this as efficient, trouble-free and budget-conscience as possible?