That being said, the TYPE of income your LLC is generating should weigh heavily in your decision on how the LLC should be taxed.

If you keep in touch with them then this approach alone will generate more notes than you can handle within just a year or so.

Lack of understanding and a lack of financial planning for the future (and the natural decline of the housing markets) is what has led to the current level of foreclosures around the country today.The Pay Option Arm, like Ryan stated, is an adjustable rate mortgage with a variety of payment options (in most case 3).Option #1 is the full principal and interest payment (same as a 15 or 30 year fixed).Option #2 is the fully indexed Interest only payment, where you are simply paying the interest generated that month for the loan (same as an Interest only Mortgage).Option #3 is the minmal Interest payment (at a rate of around 1% to 3%).

I would say it's not how much property you own but how much it cash flows. maybe have 40 properties, and each property generates a $400 a month cash flow once the morgatges are payed off. $16,000 a month not to bad for a retirement.

I knew that generating positive cashflow each month by renting out my properties would be something I would like to do.

Don't get me wrong, I do all the managment and maintenance myself because it generates extra money each month.

He was in and out of the house. he had a detailed report generated from his truck. 100% on his A game.

If the property generates a negative cash flow you may need 12 months of reserves rather than 6 months.

Over time i have found that the whole virtual networking with the local people generates as many deals as my mailings do.

But, I've not found much that will generate positive cash flow in Denver.