I read an article recently that quoted Mark Cuban regarding the best investment advice he ever received and he said "Freedom from debt is worth more than any amount you can earn."

Great letter...that will go a long way in helping you find a well-qualified applicant.I'm in a major urban market with high rents so to me, the requirement that the tenant earn three times the rent seems too high.

if so, you could just have them pay the extra day.

And even if they do, I'd deal with a little extra hassle for an extra $200/month.

Ive been saving my earnings to get my first house to flip.

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., there is a big capital gains tax that can be avoided· Assets continue to grow in an income bearing vehicle earning interest or dividends, and the account continues to benefit from investment growth.

Earning cashflow primarily through owning SFR is my primary goal, with Flipping houses another interest of mine.

We did, however, earn more than we needed to live and could bail ourselves out if needed.

If you have any extra expenses like a third car, trim them now.