@Dillon LeRoy Pollard If you really want this it's not that hard to cut expenses and earn some side income in order to build your cash. 

That is basically how volatile are your earnings and what will result from the distress (deferred CapEx, interrupted renovations, missed payments, foreclosure).

However, I've begun using a CPA to help with my tax filings staring for the 2021 tax season and I pay him to navigate the rules and regulations of what is required.I have heard of CA pursuing "unpaid" taxes on out of state residents who have rentals or earn income in CA, so for my situation, it is worth hiring a tax professional to ensure I am doing everything correctly and am not hit with a bill 5 years from now from unpaid taxes + interest claimed by CA.

@Bill Plymouth If a realtor is bringing me off market deals, running analysis for me, or earning his commission through other beneficial means, then I totally agree.But if you have a deal and you want to purchase it, there are a million and one realtors that can do exactly that.

For 43% debt to income ratio, you would need to earn at least (2774/.43) which is $6451/mo in gross income, which is $77,414/year.

I would think a person would kind'a care a bit on if that money is gonna earn a trip to club-fed, or a time share in Cancun, the difference is in the details.

Apparently the bad eggs know what to say to peak your interest and unfortunately, I keep wasting my time looking into those ones that feed me the lines they know I want to hear!

@Forrest Holden perhaps it would make more sense to make sure you FULLY understand what each PMC you interview ACTUALLY does to earn their tenant Placement Fee.We do a lot more than at least 50% of our competition to earn our fee.For $300 no PMC is going to put your property on the MLS to get itmax exposure with other agents.Also, with the rental market finally slowing down, how wise is it to go with the cheapest company instead of the best?

I have 2 and 6 unit properties in Eugene, OR and they likely decreased 30% from there peak during that time.

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