Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

All business expenses go on AMEX Business or Chase Business accounts for the points; a nice little reward for everyone at the end of the year.

You can buy a $1mm property here in KC that is nice and cash flowing in a good area.

.: divorce, death, job loss, etc. 

Maybe look at 2-4 units atleast here even in the trendy nice parts of chicago 2-4 units still cashflow positive. 

Evictions are quick and easy (just a few weeks, faster than most states), judges have always been 100% on my side, sheriffs conduct the move-out quickly with no fuss, there’s no notice required for owners to inspect or enter the property if they want to (I usually still try to give some notice out of courtesy, but it’s nice that I’m not required to), rent control was prohibited entirely across the state in 1981 (recent efforts to overturn that have failed), HOAs don’t have much power here (max fine is $500 for non health and safety violations, they have to give ample notice before any fines, can’t foreclose over late fees or fines, etc.).

yeah as title. i have a mortgage on my own house. recently a 4plex on fb caught my eye. theyre listing for 300k, new construction, on i think 1/2 acre or 1 acre mostly seems a big dirt parking lot in front. 1800sq ft. they claim the units rent for 1050. obviously these are small units 1 bed 1 bath, doing the math 1800/4 is 450 sq ft per unit. they look nice, being new construction, albeit spartan inside, metal building, concrete floors, washer dryer hookup. semi rural Oklahoma but about 80-100 miles from dfw. they also say all units are under 6 month lease (it seems to be friends of theirs, i'm guessing, as they mentioned it was full "despite not even listing it yet"?)

Should I hire a bookkeeper, as suggested by Robert Kiyosaki "Rich Dad, Poor Dad"...i think i do a pretty good job myself.

Since you have three properties, if you can afford to have ~$5k handy in case all three go at once that would be nice. 

I have funded i bet no less than 200 deals in the last 10 year that were from Aussies selling their home that is now a full reno.. many of them in their superannuation funds. ( US version of IRA )  just the dirty little secrets most wont talk about. propertyinvesting.com.auJust posted on there last week.It's completely dead mate.Such a shame.SomerSoft was big and they shut down also and re-started propertychat which is now huge lolBut literally no talk about investing in the US.Aussie's got burnt bad so it makes sense unfortunately Yep, $100,000 in Super for example.Property agreed cost $50,000 but provider put $100,000 on PA.Gave the $50,000 back to Aussie investor so they can cycle money "legally" out of Super.Was a nice little scam that suited many Aussie folks and property sellers in the US.Even tho the property they bought in the US was $#%@ but I guess that was the cost of getting money out of the Super prior to retirement age.