Under this investing principal I seek maximum leverage, often 100%, when ever possible.

You are seeking to become a landlord and the first thing you want to do is violate your landlords (HOA) rules.

I expect my rental income to cover mortgage payments of course, but I can also cover things as needed by pulling out or borrowing against my stock investments - so losing my active income source isn't a huge concern for me.

I think an active investor would know the market more than an owner occupant that isn’t constantly searching for deals.

John-I was just in LA for an invesnt for out of state investors, here is what I know for sure, it is not for the faint of heart and it is an active job if not using a true Turnkey providerSimple Guide for Buying Out of State Turnkey Originally posted by @John S.

This group is actively investing in MF, from 10 to 100+ units and also has a wealth of knowledge if you're just looking to invest passively.Good Luck.

Basically you meet people, be out there, if you want to be active knock doors, go to meet ups etc..

Depending on what tax bracket you are in, and whether or not you are subject to passive loss restrictions in the eyes of the IRS (i.e. make less than $150k per year in active income, or qualify as a professional real estate professional), that annual total would then be added to your federal tax return.

The active BP members in these cyclical markets (1) buy well (2) add value (3) use long term debt (4) maintain reasonable LTVs (5) buy in good locations with high demand (6) hold very long term and (7) have reserves. 

All the criminal activity in that neighborhood in the past 6 months consisted of larceny/burglary, with most of it not being on Ursula Avenue.