Are they required to send you 1098s, just like traditional mortgage lenders?

Consequently it requires self-restraint, persistence, and being always ready to take initiative as you proceeds with your investment journey in housing business.Good luck!

Alongside acquiring rentals, I'm interested in establishing a service-based business within the real estate niche, potentially offering maintenance or renovation services.To make the most informed decision, I'd appreciate any insights from experienced Indiana investors on:Top Indiana Cities for Long-Term Rentals: What cities offer a strong rental market with factors like stable vacancy rates, positive cash flow potential, and opportunities for property appreciation?

I also need to figure out how the cleaning fee works and other details like should their be a minimum night stay requirement.

NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).

Of course, you've got to do a great job screening and hiring the right candidate for your maintenance work.

In fact, I paid for 25 photos but was actually able to upload 48 without issue, which is a feature that costs $300 when purchase straight thru said broker... meaning I saved $150 in some ways, as the extra photos was the only feature I would've paid more for.It's a PITA to fill out all the info & disclosures required for the MLS... however, I'd assume that I'd be filling out most of that info with a realtor anyway. 

However, in working with sub contractors it is going to require more frequent payments to them vs the one or two draws I would request when working with a GC.

In order to determine NOI, do I include only annual repair and maintenance expenses or also a budget for long-term capital expenditures (roof, heating, etc)?

I think that is important.Your #1 (and #2,3,4, 5,6) challenge will be keeping reliable housekeeping and repairs/maintenance folks.