If I leave this amount in Sch-E, I get taxed at ordinary income tax rate at Federal and State level, which along with my regular W2 income can be substantial.

I make my regular interest-only payments for the first 7 or 8 months, and my interest-only period lasts 5 years.

., managing bookings or tenant interactions), which could subject it to self-employment tax.This post does not create a CPA-Client relationship.

- If the Association Fees are regularly increasing or the Association is poorly funded - SELL.3) How much of your TIME do you want to invest in all this?

I would shoot him regular updates to keep him in the loop.

.), but the bedrooms are regular keys, as @Jonathan C. mentioned for the front door, the unit is set up to send me an email when the batteries are low. i also have another student rental ( 8 rooms, 2 entry, 2 units + utility room) one master key and each bedroom has its own key that will get students in the entry, there unit, and there own bedroom. had a locksmith do that one. cost me a few hundred dollars with keying and supplying the locks ( 13 total ). i like both setups but may look into the landlord locks again for my 3rd student rental i just purchased.

They should pay just like someone on a regular lease pays - cash or equivalent into your bank account. 

A rent heavy market, with a shortage, I am receiving regular requests for rentals in these markets.  

Hello, Wondering who folks use in the southwest suburbs for waste hauling/dumpster service, regular pickup. 

@Holly Thorsen see above for potential challenges tapping your equity in the rental.You only need 5% down for a regular mortgage, 3% down for an FHA mortgage - so why don't you have the funds?