If your goal is "cash flow" and it should be if you want to live a comfortable life from now on, you can take a look at a couple of spreadsheets that give you insight into how the numbers work.

If it is a lower class tenant, I suggest you make their life easier so there are less excuses. 

I want to make their life easier so I get paid!

We'll be sure to be very specific about what happens with any life events in our operating agreement either way. 

Now I am here with a steady job and I am in a place in my life I am able to take risks and really make the moves to reach “my why.”

You'll have to do your own screening.Hiring a property manager should reduce stresses in your life. 

Check out my personal favorite, Set For Life by @Scott Trench , or The Total Money Makeover by Dave Ramsey. 3.

So far I've read the following books;- Think and grow rich- The four hour work week- How to win friends and influence people- Your money or your life- The millionaire next doorYour input will be very helpful towards helping me achieve my real estate goals in the future!

And his life. 

I know that depreciation deductions are spread out over the “useful life” of a property.