I’m not sure if you did great and I don’t know how others can high five  you so quick with out knowing the other expenses 

In other words, we’ll need to lock in a rental before we close on our primary home but we’re relatively income poor, especially when most LL’s want 3x monthly rent for income, while at the same time we’re relatively asset rich with very low overhead.

After seeing how quick things add up with 20 units, I can only image how close your watching prices on 284!!!

I did a quick Google search and confirmed that murdering the tenants was still illegal. 

In most states, you are required to make a "good faith effort" to find a replacement tenant as quick as possible.Don't forget the tenant that left is also responsible for utilities and upkeep until a new tenant is placed or the 30 days are up.

I say C or D because there are many abandoned homes, but the area is turning pretty quickly.

Background: My wife and I read Rich Dad Poor Dad about 10 years ago and it really shook us.

You want to be able to buy a couple rentals at a time or very quickly, it’ll minimize your risk and help you when things get tough.

Here's the situation.Seller asked for conventional loan only.We bid 196k in a conventional loan. Turns out we have to use FHA. Can the seller say he will accept an FHA loan now but only for 210k?Please help or tag a l...

There is some good info on this site about a series LLC, but a quick google search will explain the basic premise.