I know of a company that went through a broker like this and the broker connected them with someone That ended up having a pretty bad history and the borrower wired millions after paperwork was signed for “prepaid interest reserve” and now, while they got the judgment, the money was sent overseas and it’s most likely long gone.

That would add about 6 to 7 million in equity and about 450k in net rental income. 

Thus on a million dollar home, house (Depreciable) value is only 250k, so depreciation is roughly 25% of that at say 62K, and income bracket even if highest 37% rate the actual tax loss is now down to 23K. 

Not looking to rake in millions, but lookign to at least break even as we would be using the property as well in summer and maybe winter here and there.

For your long term success it does not matter as much if you have 10 doors or 100, as if your portfolio value is 500k or 5 million. 

Branson MO is a very popular choice for both LTR and STR market with lower median price points and consistently draws over 9 million visitors.

In other words, if there was a broken leg on your property that resulted in $250,000 in medical, lost wages, and pain & suffering, if there was gross negligence on your part, the total judgement could be $1.25 million, and worse, your insurance company could deny it.So what constitutes gross negligence? 

The MILLIONS of dollars in assistance we acquired for residents to stay current during covid, protecting both them and our trusted owners from financial hardship. 5.

BP is still the best place to go for free education and resources. in my mind make no mistake a lot of the folks that were early on this site and wrote books etc BP has made them a ton of connections and millions in revenue over the years..

I currently manage over $10 million raised in this manner.