I'm planning to turn at least one of the 1/1's into a vacation rental which should earn at least 1200/mo (very conservative estimate, probably higher).Purchase price: 295,000Down payment: 25%, $73,750Loan term: 30 yearsInterest rate: 5.375%P&I: $1238.94/moClosing costs: $2800Gross scheduled income: currently $2650/mo, I'm planning on $3000/mo minimum with STR, so $36,000/yearLess Vacancy/Repairs: 10% = $3600*Gross Operating Income: $32,400Less taxes ($4700 (high estimate)), Insurance ($900), and Water/Sewer ($1800):  $7400Net Operating Income: $25,000Less Debt Service: $14,867Before Tax Cash Flow: $10,133CAP rate: 8.47%COC: 13.24%*yes, I know that's low for Vacancy/Repairs/CapEx, thats because we do our own work and management.  

I’m an regular listener of the BP podcasts and enjoy reading books on money and investing. 

I’m looking for anyone who has used the services of Morris Invest the company run by Clayton Morris.

They are far more likely to have these services if they are local in the area you are buying in. 

City ordinance requires us to provide both garbage and recycle service for our multifamily properties.

Also identify a couple of states that you would like to focus on and find a note servicing company that can help manage your note portfolio.

I used Curtis Mcminn a few years ago and had good service from him.

Account ClosedIf a member/partner will be paid for some services outside of his right to earn a 33% profit/loss percentage in the LLC's income - he can be compensated via guaranteed payment.You will not be required to issue him a 1099.

for me as of nowW2 jobUber/LyftResidential rentalCommercial rentalNotary service  Day care businessMaybe I'm looking at this wrong would like to tighten it up a bit and focus on 3,4,6 

Your expenses do qualify for the SH but some will argue it also depends if the work is done before or after placing in service.