Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.

That will KILL your contact rate in its tracks, I run a call center for Real Estate so deal with these issues all the time.

Collin County seems to be over price, the same than Denton County, though you could find some deals there is always a challenge to find the right one.One thing to take in mind is the maintenance cost, Fort Worth has older houses that will cause issues on the maintenance, if you are looking low maintenance you will need to look a few and identify how you fell comfortable.

There is also lots of free information online about the laws.

By law if I rent more than 6 rooms, I must have a residential manager.

General rule of thumb, stay away from the bad parts of town because you will always have tenant turnover and issues.

Operating a plan you do not qualify to sponsor can result in serious issues with the IRS.Some providers aggressively try to push folks towards plans they do not necessarily belong in, because that is most profitable for them.Rental property produces passive investment earnings and is not considered self-employment compensation necessary to establish and sponsor a qualified employer retirement plan.

His plumber came out and camera'ed the line and suggested the main line on the property may have issues. 

Buy and hold is a good strategy.Theft has been an issue during the rehab stages until someone moves in.

All said and done it cost me an additional $2300 in fees for the HML that went past its maturity date plus the appraisal, all this could have been avoided if they told me they had an issue with my credit score from the beginning.