Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

I think it's best to be creative in how you can "earn" money instead of "save" money, as it'll 1) accumulate quicker and 2) teach a valuable skill.Hope that helps!

One month or one decade selling a flip is an active business like selling hamburgers, and pays regular income taxes not capital gains.

But even if there is, then I have to learn to plow through that fear and keep investing in good income producing diversified assets.

Then again, if the market is down 20% you actually benefit from sheltering the 50k from the downturn, earning 5%, and using it to invest in RE.Hope this helps

The tricky one is the rent to income ratio and how it is related to the median family income.I did note that at lease one other poster was advised to always use the low barrier screening criteria to avoid potential lawsuits. 

By investing, further savings are acquired by being able to reduce one’s taxable income.

I have seen management fees vary from 10% to 35% of gross rental income.

. :)  Well put, when you provide a quality product you earn respect and credibility.

The reason is since I am the owner of the LLC, it's income is reported in my personal taxes.