My first suggestion is learn as much as you can about real estate financing and your local market first if you never done real estate investment before especially if your thinking of fix & flip. before venturing more than 1 hour drive from your home.

Wade, if I may suggest, when looking for a PM check out the NARPM.org website, these are PM's that are true professionals that work for you.

Any suggestions on how I can lower my taxable income is appreciated.

If I recall, the investor had a high-paying W2 job, lived very modestly, and put a lot of her disposable income into buying and renovating properties for a sustained amount of time.

.), as well as previous two months of bank statements / investment accounts, whichever they'd like to provide (can they pay rent if they lost their job?).

Here are a few suggestions:1.

It is the students job to maintain the property, report issues, etc... not the mothers.

Besides, depending on your other income - such as your W2 job if you have one - it may be less than 15%.

I always suggest spending a few months following several people on social media, that started a mastermind/STR course.

I've done a decent job growing a SM following.