Keep it simple and focus on cashflow. 

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

There are budget-friendly self-management sites that make setting up applications and collecting rent simple and again, you can pocket that 12%.

There was already a lot of supply in the first place, but now your 2 bed apartment has to compete with these large buildings trying to fill vacancies literally offering 2 months free rent in some cases.

Not brainiac stuff here, but in the end, it's the simple-but-tedious work that gets the best results. 

I don't believe you need to pay a broker for such a simple loan request.

This is a good question and to keep the answer short and simple; it is typically for the tax benefits.

It's just volume of work.And, keep everything as simple as possible.For cash flow management, I recommend Profit First.

My goals are simple.

But we have been lucky enough to not receive any issues with this house as when we bought it was fully remodeled literally everything was new.