If you think about AirBnB, it essentially acts as an escrow - a guest may book months in advanced and pay at booking, but the funds are not released to you until after check in.I would love landlords perspective from this community on if you would be open to using a trustworthy third party tool that offered this same service (ie. tenants pay whatever your deposit is to this escrow account, then 24 hours after check in it is sent to you).

Hey, can anyone recommend a good house cleaning service for the Cleveland area?

@Ferria CunninghamIt is my understanding these loans have no payments but typically followMuch more strict LTV’s, so they would not allow a borrower to exceed / go over 100% ltv

I typically buy a house for 40k put 20k into its and appraises for 110k and rents for $1,100 per month.

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9

etc etcDuplexes are typically the easiest option.

The work that has been done shouldn't require any services calls for a some years.We haven't put any top end items to the home.

The assets purchased would be considered "placed in service" in tax year 2024 and would therefore be able to be expensed/capitalized as applicable depending on the treatment of the assets.

I've heard about people creating Property Management businesses and billing their properties for service... which seams easier but I know that subjects me to self employment tax (but does open up other possibilities of self employed 401ks and such).

I have been striking out in underwriting with 30 yr fixed rates, the math just isn't working out for me to make any cash flow and the debt service monthly expense is wiping out any NOI and thus my yield.