Please feel free to message me and I can certainly help you take your real estate investing to the level you’d like to see. 

@Dan Thomas I actually feel the same as you regarding LLCs.

I dont think these things are hard and fast.. to me look at whats left after the rent is paid is it enough to really live on.So if rent is 5k a month for instance that means tenant needs 15k a month in income pretty standard .. well that tenant now has 10k a month to live on.. most people can make due on that.so if this tenant came to me and only made 10k a month  2X the rent I know they have another 5k a month to live on so sure that works.where this is important is in lower income low rent areas were rent is say 800 a month and 3X is 2400 minus rent leaves 1600 a month for EVERY thing else can you live on 1600 a month ???

A second home loan isn't as appealing as it was in the past after adjustments were made to make pricing similiar to that of an investment property.

Their response is always, “oh I forgot, I’ll pay today”, but they never do.I’m an extremely reasonable landlord and it’s starting to feel like they’re taking advantage. 

Feel free to send me a message if you think that I can be a resource.

The next day they made an offer.

I would try to get a feel for the  personal connect I would have with this person, ie. how much of a thorn of a personality would I have to deal with to get what I wanted.

Feel free to reach out, I´m happy to connect and discuss options.

So in year 6, that same 95k initial investment they made is going to allow them to gain 24k net rental income (and the depreciation is still enough to cover that so it would be TAX FREE), 51k, in appreciation, 11,500 principal paydown = roughly 86k in total return in year 6.So a 95k investment after 6 years would give them an asset that they'd have 539k in equity.