If you analyze it that way and it's cash flow positive, that gives you peace of mind that you can easily move out later and keep the property.

Properly set up, you can easily generate a variety of financial reports, rent rolls, etc. and process all payables and receivables in an efficient an orderly manner.Usually you should be able to "lock" your transactions at the end of each month, permanently preventing any changes to prior periods once you close them.

I do currently put some money into a Roth IRA, but I’m leaning towards putting it somewhere that is easily accessible for my time before the age of 59.

My attorney told me that because the contract is with a unlicensed contractor and I was never alerted of any subcontractors that even if the subcontractors put a lien on my property it can be removed in court easily.

One, I can easily spend that amount of money on direct mail and potentially only see 1 interested seller.

I am a lawyer and could have represented myself very easily, but I didn't even consider that option and instead went with an attorney that has been at basically every zoning meeting for the last 20 years.6) Once you have a plan, if you are going to need variances, reach out to owner-occupied neighbors.

But if you don’t think that you can maintain meticulous records and follow the CRLTO guidelines easily, then it’s best that you use the move-in fee approach.

It's only that high in certain pockets of the city which are easily avoidable.

If you have 100k in dry powder, that can get you a 300-400k budget easily for a BRRRR deal once you leverage. 

This is easily the most favorable financing both from an upfront and monthly cost standpoint, and generally you don't have to have received your first paycheck prior to closing.