(Some have argued that the actions of the Obama administration were illegal taking.)The main problem with having it controlled by the government is that it has been, and will continue to be used for political purposes, right or left, depending on the administration.I'd rather see it outside government control.

I appreciate your very valuable advice I will be sure to take it moving forward as I continue on this journey.

Your second question is in line with what I mentioned above you need to test, test, and continue to test.

If I continue to charge $500 month, that's $6,000/year, If half of that went for maintenance, it's still $3,000/year.

The answer is it depends - if there is no more settlement then they are correct you probably do not need piers at this time, if it continues to move then you need to do something.

I expect that the Fed will drop rates next week and will continue to do so.

How long do you plan to continue living in that property?

This property will be the first of many, and we hope to continue scaling in Cincinnati over the next few years.To start out, our plan is to buy and hold a cashflowing 2-4 unit property using a DSCR loan.

Also, check out his podcast...one of the few I have continued to listen to over the years and stays current with good content.

If cash out is greater than cash in, then you are continuing monthly to add to the cost of your property.