Most only see problems, ever so few see the opportunities and remove emotions to follow the math.  

Let’s just say I want to avoid rookie mistakes before I take the plunge.Looking forward to hearing from all the experienced (or even not-so-experienced!)

Specifically I think a lot about the smells that travel through the duct work between the units.

I just finished The Book On Rental Property Investing by Brandon Turner, and it made me even more excited and determined about getting into this business.

Please consider the following:- Monthly savings: ~$4-5k- Full time job: Traveling and always relocating- No real estate currently ownedMy wife and I have long term goals to live on a remote ranch and would like to use real estate investing as a means to get there.

If the LLC you own shows a loss (beyond depreciation), and you are an owner of that LLC, this would carry into your personal tax returns on Schedule E, page 2 from your K1.

But, you still own house and benefits are as follows.1. tax benefits2. principal payoff on your note.3.

Every time I call VRBO CS and ask for listing assistance, a booking follows in the next day or two. 

I say not for the following reasons.  

But I just want to start the conversation so we can negotiate the terms so it's beneficial for both parties.