----------------------------------------------------------------------Property type - 2 duplexesFannie Mae REOPurchase price $369,000 (includes $40k renovation)Financing - FHA 203(k)Down payment - $8559Out of pocket renovation - $20,000Rebate - $1500Final out of pocket - $27059Here's the monthly cash flow -Duplex 1PITI - $1467.50Unit A rent - $1100 (below market - this is a family member)Unit B rent - $125015% vacancy/maintenance reserve - $352.50Net income - $530Duplex 2PITI - $1467.50Unit C - owner occupiedUnit D - 20% personal use, 80% vacation rental - $1500 (average)15% vacancy/maintenance reserve - $225Additional VR expense - $450Monthly loss - $642 <--- Not quite living for free, but not bad...and my in-laws have their own apartment when they visit!

You will learn the general information on real estate law, contracts, financing, escrow, title, etc.You might even be able to begin working as an agent and help grow your nest egg.

I live in Georgia
I am not sure this issue is covered in the hand book I figured I would float it here

I had a unit for rent in the first week of july say july 2, man came and said he wanted it immediately
he had ...

I personally prefer NH because of the landlord laws, but if you manage property as a job, you already know exactly what you're getting into.

., and I honestly couldn't tell you one significant thing I've gotten out of that and as for the more building blocks such as your ABCs and simple math may all be learned on the computer.A dream school for children, for me, would consist of Law, Accounting, Investing, Networking & Marketing.

Its getting to be a long time ago when I practiced law including landlord tenant.

But you and the LLC are different People in the eyes of the law.

I do not think you can check her credit without written authorization, there are new federal laws that could be violated if you do not get a written authorization. a promissory note does not constitute authorization to check credit. you probably should have had her sign the authorization to check her credit form and checked her credit before loaning her the money.

How is the tenant going to know that it isn't your crazy uncle or your sister-in-law that you've sent their way to give you a glowing review?

You will have some maintenance issues with the Corp and LLC and some can be limited with a good by-laws/operating agreement.