But if you don't pay a salary, then you end up paying this in self-employment tax anyway.

@My Lo,First, if you have a 401k with your current employer you are most likely not going to be able to do it, typically current employer 401k can't be rolled over until you are either no longer employer or reach a retirement age.If your 401k is with the past employer then you are free to move those funds into another retirement account.

Hillsborough (the town, not the county) relies primarily on Osram Sylvania for employment.

Chances are she is a dead beat, you will find out her employment record when you screen, but the father will not be assisting her indefinitely.If the job she is leaving does not meet your income standards you should reject her application since her future job will likely pay the same or less.

Because I'm recently self-employed, I wasn't able to get pre-approved for a loan large enough to do anything useful with.

Need to have deep pockets and buy right in the appreciation cycle for those equity gain only markets to have a chance at working.People employing this strategy should only have a small percentage of the overall portfolio dedicated to it.

Phillips, Gotha, parts of Ocoee; Seminole actually has more good schools than Orange County, and you can check out Altamonte Springs and Wekiva Springs.Disney also employs over 50,000 people, so Kissimmee, Davenport and to a lesser extent Poinciana are fantastic rental choices as well. 

I do employ a property manager (PM) and the rates you asked about seem well worth it, especially when compared to other vacation areas.

So you will go from no tax liability and reinvesting all the money to paying 40% of your profit to the IRS in ordinary income tax + self employment tax + ACA surcharge tax + state tax.  

Hello,I am an out of state investor and started to investing in Las Vegas from California.I purchased my first rental property SFH and cash flowing around 138 a month without PM( I should have factored in PM before I ran my numbers but I didn't ) Anyways, I am itching to get into a second property, but since I am a self employed person ( I own my own fitness company) my debt to income ratio is capped ( self employed = look poor on W2) I bought Brandon turners book how to get into real estate with low to no money down, and looks like my best option is OWC.