My family does not include my boyfriend...my family’s rules and not mine....each member of my family of five would be partners in the corp so that when my grandma passes, the investment is distributed equally among the five family members including my unborn child...my boyfriend is the father. 

-Huntington Bank - was vital to making this deal work with such a low financed amount.

Rent Minus expenses equals taxable income,  All goes on a schedule E of your tax return.Expenses :Maintenance, Repairs, Property Taxes, Insurance, interest, DepreciationYou are correct in that Saving for future expenses is not deductible.

By leveraging our properties, we are building appreciation on $450,000 worth of real estate (6 at $75k) outpacing you by 2-3 times just by virtue of the dollar amounts involved (all other things being equal).  

But make sure that works on the state level.When you're dealing with two or more tenants in a tic situation it may be worth your while to actually set up a separate operating entity that the tenants are all members of in equal proration to their tic membership. 

Set the new loan to be equal to the cash you'll have into the deal that you are refinancing out, assuming that 80% of the ARV is higher than the cash you have into the deal. 

Do you pay a monthly premium that equals the amount of monthly capex/repair reserves you're putting away? 

@Tomas SaenzHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

Hello BP,A family member would like to buy a primary residence and asked if I can apply for income purposes along with equal FICO scores.

All things being equal, the cost should be the same, but contractors tend to bump up their price when they see the name Weston or Wellesley versus Natick or Waltham.