While some lenders focus on minimal documentation and fast turnaround, they often lack the flexibility and understanding needed when challenges arise.

Cashflow is minimal at first, usually enough to pay for the occasional repair and you are paying close to retail price. 

. $140/month vacancy reserve (5%)Rental Income: $2800/monthCash Flow: -$134/moTownhouse:Note: Looking at low price units on the market for < 7 days to possibly get more value / minimize mortgage paymentsPurchase Price: $450kMortgage Payment: $2150/monthProperty Taxes: $1900/yr or $159/moUtilities: $300/monthProperty Insurance: $125/monthMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $500/moRental Income: $3000/monthCash Flow: -$232.64Detached Home - Single UnitPurchase Price: $600kMortgage Payment: $3193Even if I can get $3300-3400/month for a 3-4BR home purchased at $600k, maintenance and reserves will cause it to be negative cash flowDetached Home - Two UnitsPurchase Price: $700kMortgage Payment: $3831Property Taxes: $3500/yr or $292/moUtilities: $300Property Insurance: $125/moMaintenance (5% rent) + Capex + Vacancy (5% rent) Reserve: $860/moCash Flow: -$608.57Are any of my numbers way off?

Everyone texts, so there really isn’t a lot of things that interrupt a work day that couldn’t be handled taking a 5 minute break or during a lunch break.  

House hacking is another excellent strategy, especially for getting your feet wet in the investing world while minimizing living expenses.Your goal to invest in affordable housing is commendable and can be a rewarding niche.

Property tax reassessments have also resulted in higher taxes for many homeowners, further complicating the financial equation.While efforts are being made to bring more insurance companies into Louisiana, the relief has been minimal.

Property was successful for the next 12 years with minimal issues.

He understood what troubles I experience self managing from afar as well.There's no start up fees, no lease renewal fee, minimal charges of I find my own tenant using them to only place the lockbox and take photos, otherwise it is 75%. 

If you have amazing dirt but paid a crazy price to get it then if tenant ever goes dark the upside tends to be minimal but the risk is high.

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.