I've started using Rental Hero to track my income and expenses for each of my rentals and flips and I really like how easy it is and that I can upload my receipts straight on their app to keep track.

Retirement in ten years without any start and with a lot of expenses is going to be a very challenging feat.

In Florida, you get grandfathered on property taxes based on when the value you paid when you purchased each property.  

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

*Example: if the annual rental income is 1 million yen and the property price is 10 million yen, the surface yield is 10%.Calculations of Net Rental Yield is based on the gross yield formula and is calculated by subtracting the actual expenses from the annual rental income and adding the property price plus expenses at the time of purchase of the property.

I was/am trying NOT to buy a complete renovation property again, it was expensive and a lot of work.

You should be continuing eviction process until you have a firm commitment and date that assistance will be paid.

We follow the same process whether its mid lease or last month not being paid - post notice, communicate, file for eviction.

If they refuse, proceed with the eviction process.The point of eviction for non-payment is that tenant has not paid rent.

Hi,I am close to Huntsville and I have done house hack twice on which I have mortgages so I am good there..but two of the houses I paid cash out and fixed it and have rented it.