Build an SMB on top of your real estate (the reverse of #2)Short-term rentals and high owner-participation real estate businesses can have great returns.Obviously not for you if you just want passive RE.We are in the deep end here, where each case should be judged on its own facts and merits by your CPA.You should hire a professional to review your particular situation before you make an investment.

His real estate contracts and some of the advice makes sense. 

In the past I have used a property manager but thinking of doing this myself.I was wondering if any other small landlords do anything to hide their real name and/or real address/phone number from tenants during the screening and leasing process.  

I would like to chat with you about how to ensure our offers make it to the Bigger Pockets Community.

For the very first year of the tenants living at the property I was under the impression that a notary was required to make it a binding contract. 

But your own psychology and mindset does matter, and investing in real estate, while not making us wealthy, did give us this back-up plan where we knew we'd always have a roof over our heads and enough of a financial buffer we could figure something else out.

People give false references and you need to vet the reference to make sure you're talking to the real landlord. 3.

Just make sure you do everything by the book and within the required timeframe.

That's a normal process, Diclia.

LTV- 75%DSCR 6.75% this rate will bring my mortgage from 2285 to 2116Pre-Payment Penalty 5-4-3-2-1%Loan origination 1.5%Buydown option 1.5% to make it 6.375% this rate will bring my mortgage from 2285 to 2035Appraisal 725$Underwriting- 1295$Thank you guys!