💡 There are three major categories of income recognized by the Internal Revenue Service (IRS):
📌Portfolio Income
📌Earned Income
✅Passive Income
Nearly everyone is familiar with earned income. It is the income you ...

He said the didn’t choose those houses because the siding and drywall are different ( which seems wrong to me).

Which would you choose, and why?

I just had some questions if anyone has similar experience with my situation.The deal we have in place so far is, she will be the agent and provide insight in the house we choose. 

There are a lot of variables to consider when choosing the property type and location.

What made you choose the time of property you did?

Choosing the right market to invest is a critical piece of the equation as some market are cash flow heavy with little/no growth and some are appreciation heavy with negative cash flow. 

So if I choose not to have an option period for the purchase of a property but instead choose to have an inspection period, and I dont pay any fee for that period, then even though the state contract says that a fee is needed for an option period, does the state say that the inspection period I got is the same as as an option period, and since no fee was paid, the inspection period was not a part of the contract?

Short term rentals will most likely have the highest return....given of course that you choose the correct area to do business in....

@Jonathan Greene, @Hui Song - I checked with the zoning office, this is a non conforming 3 family unit.