But anything you do is going to take up time, might be a lot of aggravation, and has the risk that after all the work and financial investment, might not pay off to the extent you hope for.

@Paige SeeleyThe more you put down the less you will pay in interestQuestion we ask ourselves is what do you do with that money?

Avoid lipstick on the pig.Renovations like nice kitchens and bathrooms are great for rental properties, but it is not everything.A property that has been cosmetically renovated, but has no capital improvements is worse than one that has been very well-maintained, but might have older cosmetics.If I walk into a property and I see that the kitchens and bathrooms have been redone, but all the walls are plaster there's no grounding in the electrical and the plumbing has never been updated that I consider it a full gut.It's a shame to pay a premium because of a nice kitchen and bathroom only to find out that you have to rip it all apart.It is usually less expensive to do cosmetic rehab for rentals than capital improvements. 

We learned that persistence pays off, as navigating a short sale can be a lengthy process requiring strategic planning and continuous effort.

If you want cash flow make sure you invest in a project that pays dividends right away.

I would love to just pay a service to create one for me!

You shouldn't have to pay capital gains tax.I would highly recommend you contact CPA To check the accuracy of my statement

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

However, we do not want the tenant to pay for the electricity that we use.I contacted Edison and the County to see if we could install an additional electric pole to have a separate meter, but they said it is not allowed to have more than one pole for our property.I found a sub-meter on Amazon, and I wonder if it is allowed to install one on the electric pole, so our tenant can see how much energy we have used.

.- I go to military training on the 7th.I have a good lock on my interest rate and afraid of doing the mortgage application over again due to a slight decrease in my current job pay but will be going up again in a few months and I'll also be house hacking once I own and solely live in the house.