If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!

While the units look to cash flow, for the next 5 years we plan on using that cash flow for any extra expenses over and above what we would forecast for the maintenance, repairs, and capex items for the properties since we already have W2 jobs we plan on keeping for at least the next 5 years. 

At $400/month additional rent using 50% rule on expenses is $200 cash flow or 150 months to recover the cost.  

The partnership with Seth Choate exemplified our collaborative approach to maximizing property value through strategic investments.

FHA is 3.5% down but anything over a 2 unit requires a cash flow test, with rates where they are I hardly ever see anything in Chicago that would work. 

Are you trying to create some type of cash flow from the portfolio to be able to leave your job, or build equity and appreciation to be able to extract and move into the next deal?

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.If you want to discuss any of this further, I'm happy to answer questions and help walk you through it.Best of luck!

You are likely going to have to spend more time helping your mom and better to enjoy the quality time you have left with your dad.Go through each property and write out what it brings in, expenses, etc and rank them as to the one you want to get rid of first.

(We have fixed up 3 houses now and primaries not fix and flips and really enjoyed it) my job also works 1/2 the year so I have plenty of free time for rehabs.Option 2, just purchasing a long term rental with the cash out but this will produce a negative cash flow due to the cost to rent in the springs area and $0 down.

I've studied how to do accounting in a hyper-inflationary economy from a Peruvian professor that lived through inflation as high as 100% daily!