Easier to look on an annual basis.Income: $12,000 (rent)Expenses: $4,800Interest: $4,800 (only the interest part of the P&I payment, just a round number for the example)Depreciation: $2,000 (value of improvements / 27.5)Taxable Income: $400 (12,000-4,800-4,800-2,000)Tax: $112 (at 28% marginal rate)So, the income isn't totally tax free, but very close.

I agree with Mike that a good faith gesture of 5k to assist with clean up will go a long way.

Don't you need to get the carpets cleaned, the walls repainted, the bathroom scrubbed?

Hard money is is easier to get and not that expensive if you follow this advice.

It would make it easier to have a quick look when I only have a few minutes, and then come back later without losing track of the ones I didn't have time to look at.

This should give me an easier entry into rentals.

The radio provides excellent branding (recognition and continual reinforcement that you are the expert)...the online component makes contact easier when potential customer is ready to pull the trigger.But the message has to be good..why choose you over the others?

Keep it clean and do maintenance as needed and your tenant retention will be good.

Motivated seller leads would probably be easier to target online than private investors.

Even if I had $1,000,000 a month coming in tax free, my "wants" would STILL exceed my ability to spend.If this is truly the definition, then its much easier to achieve by adjusting the wants than the means.and not have to slave 40 hours a week for "the man".Now this I understand.