K-1 losses, generated through depreciation and cost segregation, can often offset distributions during the hold period, minimizing taxable income.

Typically they have a side entrance that leads to the basement which can be easily split up with a door/wall.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

You can learn to do this independently or get a rockstar REALTOR to lead the way.

We don’t plan to leave jobs and live off of the portfolio but have it as a wealth generator aka hedge against future risks

If I convert those monthly nets into annual nets and plug those in to see what amounts of cash in would lead to those results in each case, I come up with:Scenario 1: $2000/month ($24000 annual) to equal a 12% return means you're in $200,000 cash. 

The answer is to value this as any other business generating income, not just stick within the confined box of valuing the real estate only.  

I know a broker who spends like 20k - 30k per year in buying leads, paying for blast emails, buying lists of names of investors, etc.I like to meet people on the personal level first, I feel like people are way more responsive if at first I help them by answering questions, or offering advice, provide them with incite, etc.Most people do not know what they are getting into in those first deals, which is why we hear so many nightmare stories. 

What you would want to evaluate is the income generated from the income-producing property(s) to see if the income from your rentals would cover the cost of your new HELOC payment.

These markets tend to attract a lot of investor activity, which can drive prices up, leading local homeowners to take on more debt to afford homes in their area."