I am trying to MAKE SURE I show this $10,000 ( or at Least $7,000 of it ) as Earned income / that it gets Included in the Total of my Gross Income for the year ( along with the Income I earn from my Job Job )I am trying to MAKE SURE that when a Lender goes and looks at my taxes, that they DON"t see a " Loss " on this Rental , and thus they aren't able to use this $10,00 ( at least $7,000 ) in my Overall Income ( Gross ) total , for when then run the Numbers to determine how much Note ( PITI ) I can afford/Qualify for , as well as when they figure out what my DTI calculation # comes out to2.

Now I'm absolutely committed to building a real estate business.

Are they a reputable company that is committed to their work and working with you, as the client? 

But partner does not have the financial capacity to commit to a lease especially as rents are being paid (with likely no tenants) while waiting for state licensing which can take 9 mos to a year. 

Check out the link below. https://malegislature.gov/Laws/GeneralLaws/PartI/T...Massachusetts General Law Chapter 112, section 87AAA

It is mostly rent-ready (will paint a couple of rooms), and I will hire out the property management.Here are the details:Anticipated Purchase Price: $64,000Market Rate of Comps: $85,000Anticipated Monthly Rent: $950 ($11,400 annually)Total Annual Expenses: $9070P&I: $3177Insurance: $300Repairs: $1000Taxes: $1769Property Management: $1140CapEx: $1000Vacancy (6%):  $684Net Annual Cashflow: $2330 ($194/mo)I see this as a nice balance b/t cash flow and potential appreciation.  

Thanks Alina T.

I know it's long but if you're serious about your commitment to real estate investing take the time to read through the whole thing.Additionally, do not underestimate the power of the search box at the top right of your screen.

What kind of multifamily properties are you looking for @Calvin T. and @Gerold Koch?

Hey Maliko, Unfortunately, I can't offer you any guidance from an experience standpoint, but I can offer you extreme value from a support standpoint.Myself and a few other young (18-19) year old investors have started a small networking group in order to answer these questions and support each other at this crucial time in our REI careers.We aim to make sure all of us stay on track and are committed to engineering and creating the future we want.