The refinance will get our down payment back, along with the current mortgage and renovation loan paid off.

However, it's important to note that forming an LLC doesn't guarantee full protection, and it's crucial to comply with legal requirements and manage the entity properly.

.), income, cashflow, debt, DTI, equity, property appreciation, rent appreciation, mortgage paydown & amortization, rate of net worth growth, cost of living increases, hours worked per week, cash on hand, etc, etc. 

But we could not personally afford the mortgage on this place without a renter.

My title co. recorded my deed, but did not release my funds to the seller's mortgage co.      

IE, if I was located next to a proper theater (Think Hamilton, classic shows, Orchestras) I would want something like a speakeasy, with a slightly higher price point. 

It’s also important to sit down (or have a virtual meeting) with your accountant on a quarterly basis to review your financials.Tax deductions are maximized.Ensure you’re getting proper tax planning done throughout the year, so you are minimizing taxes.

If you vet tenants properly, you will have few problems in any state, barring loss of jobs.

The basis has to be allocated properly but it worked for them.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).