If you self manage, you save that money, but you are basically taking on a side hustle.  

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

But if they don’t even bother to fill out the forms to apply, or get a basic job to make ends meet, or borrow money from family or friends/ somebody else besides you, then they can’t stay.

I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.

Reporting is basic, but it tracks all rent inflows/outflows. 

I am about to lose my car my place to live basically my life.

That 2nd requirement is  what makes it close to basically impossible with a W2 job.

If it sounds like ******** require the production of the medical need for a service dog or begin eviction proceedings.

It basically said, unless you are living in Wyoming do not use a Wyoming LLC set up.It seems the more research I do the more different answers I see.Going a little crazy over here,Rhonda

After that initial down payment, the bank will basically be financing your investments.