Hi All,I'm graduating in May 2017 and need to choose a place to work.My goal is to buy a multi unit and owner occupy as soon as I have enough cash to place a down payment.Should I take a pay cut and work for a property management company to gain experience?

FHA rules are cut and dry.

Heather you need to take some time to assess whether you are cut out for operating this business.

He was willing to let me use his name as a reference when asking for similar services and was able to cut a deal that I am sure he would not have been interested in otherwise.

Cut to about a year later, my brother buys a home for his family and the big-time real estate investor plan sort of fell onto the back burner.

Refi back to a 30, cut my mortgage in half and have more monthly to invest.  

In this regard, thelocal branch manager suggested setting up a separate business account to use for tenants rent check deposits.This way the main checking account isn’t exposed.The goal is cut out using a drop box and also save tenants the addition ACH or credit card charges.Anyone do this with no hassles?

Again, though, $10k is not going to cut it ...

I was curious if anyone had experience with similar systems to try and cut off water damage before it happens.

On paper, with the IRS stipulations, this sounds as if it will not work and we will have to shoulder the tax bill, which will cut into our available capital...