The other financed properties reserves amount must be determined by applying a specific percentage to the aggregate of the outstanding unpaid principal balance (UFB) for mortgages and HELOCs on these other financed properties.

While it is possible, there’s a lot not known in the equation to make a determination of whether it is a good idea or not.  

Hello fellow investors and REI professionals,I'm looking for good place to start investing in real estate in Tennessee state. I mainly looking for cities / metro areas where ratio between risk and ROI is the greatest....

The airline pays laundry and cleaning and I pick up the utilities, maintenance and lawn care.

We have been blessed with our renter who calls us before the due date to go pick up the rent.

Congrats - you just found your first private money lender.The point is, depending on what you have going on at the time and what you feel like you can handle will determine what is the best course of action for you to take at any given time.

After that first year, you can rent the home out completely to a tenant and pick up a second mortgage on another property. 

But he gave me great tools and information, as well as taking a lot of time to let me pick his brain. 

While some contractors work on a 1099 basis, I worked as a W-2 for safe harbor reasons (the IRS has vague rules about who is a contractor and who is an employee -- picking the wrong one can get expensive for the parties involved when the IRS disagrees with your choice).I also had to learn how to live on a lumpy income stream as a contractor (if the agency didn't have a project for me to work on [no "billable hours"], I didn't get a paycheck).

She is still under the prior lease, which you inherited.If she still doesn't leave or pay within that timeframe, then determine if you want to try evicting her yourself or hire a company/attorney to do it.