I profit around $1,500-$2,000 a month off rental income after expenses.

more units mean more income and generally not 2X the price.

Budget and financing options should be considered, including conventional mortgages, FHA loans, or renovation loans.By focusing on these factors and conducting thorough research, you can narrow down your search and find a vacation home with rental income opportunities in the Orlando area.

I hope this is helpful if anyone is looking for new software to keep track of their income and expenses for their rentals!

Loose qualifications are 3X income, 580 Credit Score, No evictions..... 

I then sold it quickly using creative finance to create passive income.

You should utilize the DSCR 30 year fixed no income no doc program in your llc 

I assume not.If the property was purchased under an LLC and my parents get a 5 % preferred return and they personally guarantee the loan, but I take the majority of the income, does this remove the loan from my DTI?

Thanks to the Cost Segregation Study, the property investors were able to reclassify the property into the following categories to accelerate the depreciation:The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

The reason I haven’t purchased anything yet is because I’m a new real estate agent and I’m focused on building my business as an agent for the time being as well as saving up money for a down payment while I’m building enough of a track record to show the banks that my income is steady enough to be approved for a loan since I won’t have any w-2 income.