A bad or no-show housekeeper is the fastest way to bad reviews that last forever.  

@Chanté Owens it sounds like u could go on forever about that one!!

You need to remember that title insurance obtained insures the policy hold against insured defects forever, it does not end when you dispose of the property, those defects prior to and during your ownership.

Both versions operate the same way, although with the PC version, you can play against multiple computer opponents, if you wish.I recall having a "Eureka" moment the first time I successfully completed the game, and it has forever changed the way I think about real estate investing.

You can't keep that up forever (as much as the US Government thinks they can.)

They are counting on no vacancy and the tenant to be angel and stay forever so no repairs have to be completed.As soon as the tenant starts paying partial payments or not at all the investors world starts falling apart.

My banker comrade said, that we could open the checking account for my international friend, but the funds that would be coming to the checking account (even from a domestic wire transfer) would get frozen and it will take forever to unfreeze them.To open a bank account under LLC or Corp's name where the foreigner is the owner of the business, one will need to have a tax id #.

Been doing this forever.

I am conservative in this asset class if U do better that's great but if you are going to be disappointed if you don't hit Ur numbers exactly then you need a contingency line.. just like I do when I build new homes or new subdivisions even though we have firm bids from all subs I put 10k in the contingency line and we use it every time.. stuff happens .. when you close on this.. just take whatever positive cash flow you get and pay down your mortgage.. its not going to be enough to really save up for another down payment take you forever. you want as much equity in these as you can get as soon as you can get that.. so if you did have to sell you have a exit planany way just one persons opinion.. but you can see when you started this exercise you did not know about the city tax.. that's a little gotcha in Memphis..

What I have realized is that above a certain income level, tax advantages of owing a property diminish (or delayed for ever) as far as property depreciation, expenses and mortgage interest write off goes.