In my mind PM HAS to make money on repairs etc.

The flow of money needs to follow the LLC structure you put in place (another reason to have one Operations LLC).

I can afford to have it be an investment for my kids and not cash flow for me, but I could also deploy that money elsewhere.

Looking for mechanisms where I can get money to get foreclosures under contract without having to know the exact property in advance.

So, are you planning on putting more money in the deal at that point to make up the $63,250 difference?

The thing to understand about being an agent, that took me a little while to figure out, it’s a marketing gig, your actual skills as an agent are mostly irrelevant, most buyers won’t understand or care if they got a good deal or a bad one within reason.

Here is what the actual source, Fannie Mae who makes the rules for conventional mortgages:https://selling-guide.fanniemae.com/sel/b3-3.1-08/rental-inc...You would be looking for the section on "offsetting monthly obligations for rental property reported through a partnership or S Corp".

You can raise the deductibles; you can make it actual cash value or functional replacement cost! 

The best advice I can give you starting out is to stay out of consumer debt and save as much money as you can.

https://www.propertana.ai/Advertising a free 14-day trial only to be redirected to a page that wants money is not good.