The #1 FUNDAMENTAL FLAW I see self-managing landlords and way-WAY too many PM's do is NEGLECT the entirety of the BUSINESS of things. 

This will lower your UP-FRONT interest amounts as it re-amortizes the the loan in it's ENTIRETY. 

You could sell the portfolio in it's entirety to a buyer. 

Recording it will require you to pay off the loan in entirety in most cases unless the new bank is willing to allow the remainder of your private note to subordinate in 2nd position which most national banks do not allow. 

That is because you won't even consider the homes that are bad for this type of living situation.Depending on purchase price, I cannot guarantee that you will make enough to cover the entirety of the mortgage.

I've spoken to two companies that does MTR but told me that you can only rent by the entirety of a unit and wanted to know as well if you can rent by the room if you have more than three bedrooms in the house?

If we asked for a credit, we don't yet have a solid team or even time to be there throughout the entirety of all the repairs, so we would still have to coordinate everything and rely on someone else to be our representative there.

@Nick KnoblachOf course, you should always confirm with your own CPA who is familiar with your situation, but here's a few generalities:- CA taxes residents on worldwide income, so the CA resident will likely be taxed on the entirety of income that he/she receives on his/her CA resident tax return, including his/her share of rental income- CA will likely want to collect tax on all income earned in CA due to CA-sitused real property, so any non-residents in CA should likely be prepared to file a non-resident income tax return in CA to report his/her share of income earned from the CA real property-I'm not familiar with MN rules, but most states generally allow for a credit for taxes paid to another state. 

They are ENRICHING themselves, by making you pay for the entirety of brand new carpet. 

The reality is the entirety of your investment can disappear just like that, but novice LPs have not considered that when they invest in these deals.