Other providers are Know Your Guest and Safely but I heard safely no longer offers single unit coverage Waivo

accountant?

This is assuming the builder who reviewed your plan has accounted for everything and give you a price that will cover their cost and make a profit in doing so.

And then an accountant has to split the K1 into each individual members' K1s.

This plan you have is flawed in every single way and will end in disaster.

I would get connected to a real estate focused accountant just to make sure you stay compliant and your doing this right  

I recently purchased a single family rental in Haltom City that cash flow enough to justify the purchase.

Most people are going to see the limitation of a single unit as a drawback when you want to exit this property and you're going to get less money for the house in order to sell.

I only mention this number because at $150k AGI, the active investor allowance enabling one to deduct $25k in losses from active income disappears, as I understand it.My current portfolio:Condo (purchased in 2021 w/ 5% down)Single Family (purchased in 2022 w/ 5% down)Multi-family primary residence (purchased in 2023 w/ 15% down)Above-garage apartment and detached ADU are rented out.

Wayne, You’ll also have to take into account the monthly HOA dues into the DSCR calculation.