He's here this weekend for actually two days: Friday p.m. from 3 to 6 he'll be talking about using QuickBooks in your REI business and Saturday from 9am to 5pm he'll be talking about building your entity structures for tax advantage, asset protection and estate planning, including how to pay your minor children without also having to pay SUTA, FUTA, FICA, etc. for them.I can't do this justice not being a legal / financial professional, but from what I remember, you DO NOT WANT to pay them out of an S-Corp or an LLC.

Also, make sure you're factoring in a discounted rental rate as well. 

We have had success with 1 br units, including senior citizens. 

I also like to "borrow" ideas and look at what amenities are most popular in that area so that I can include those amenities at my property.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

If not, better to get an easy one for the first one.....And don't worry too much about the interest rates. they are still pretty low (historically anyway, I won't even tell you what they were for my first house :-)The numbers just have to work, and they can work with even higher rates.....there are other variables, including the perceived high rates keeping a lot of your competitors out of the market.

You may be a volunteer/humanitarian, but that does not include your REI business. so point them towards some help and hold them to their lease agreement.All of my good faith would have gone out the window once they lied to me about stealing my check. 

Almost everyone here on BP will tell you that they wish they had started earlier, myself included.4.

This includes family vacation homes, business property, etc.  

And that's not a sarcastic question, possible answers include but are not limited to...If management/ownership has been lazy and there's a lot of vacancy or below market units, that you can rent out and/or bring up to current market, then maybe you offer a little bit more for that upside potential.