The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

Investors & overall market feasted on low rates, you got your stuff together during that time and now are seeing how cycles play out.

Hi Daniel, condos can be a great low-maintenance option for LTRs, especially for absentee landlords since the HOA handles exterior upkeep.

Why do you put a window that low in the bathroom? 

I’m going to echo what Tim Delaney and Rick Albert said: $8,000 isn’t a lot to work with, no matter where you choose to invest.

Choose that one and use it.

@Samuel Kim Your wife can meet the 750-hour test for Real Estate Professional Status (REPS) by actively managing your 9 rental properties, but careful planning and documentation are essential, especially with low-maintenance new construction.

They didn't actively advertiseour home on websites and we had low tenantresponse.

If you choose to go this route have a very competent attorney on your side and listen to his advice.

Most people I know start with low money down programs so they can get away with a initial capital investment of around $25k but you also need reserves.