I just read a WSJ report citing Bankrate a banking analyst, that 3 out of 5 Americans do not have the reserves to withstand the most mundane unexpected expenditure, "The survey found that an unexpected bill would reduce spending elsewhere, while 16% would borrow from family or friends and 12% would put expenses on a credit card. 

This would reduce my expenses by $125 per month which would be great, however, I don't know if the policy has adequate coverage. 

Just bought a duplex, owner occupied. Current tenant is on section 8, but she doesn't have her kids anymore, so she is overhoused in this 3 bedroom. Housing authority needs me to come down to 650 from 775 for her to b...

I believe market rent will be between $800-850 (I am going to have my property manager give me her opinion)Taxes are currently $540/yr but it has a special assessment and military/homestead credits so I think it will be closer to $1200/yr once the purchase price hits the assessors office.Repair 10%/Vacancy 5%/Prop Management 8%Insurance $50/mo.I want to see $200/mo cashflow and 12% cash on cash.Portfolio lender will loan upto 85% BPO no specific downpayment requirement aslong as it has a 1.25 DSCR and 85%.  25yr not 30.Do I put more down to make $200 cashflow but reduce my Cash on Cash or do I leverage higher get $155 cashflow and put less down so my ROI goes higher?  

Clair Shores, Warren, Mount Clements and Eastpointe.Our goal with real estate investing is to retire early or at least reduce our day job workload leading up to retirement.

Education is very important to reduce your mistakes.  

Also while on the topic of non keyed door handles they are great because they also help reduce your "lockouts" as tenants can't accidently have the door handle locked then shut the door locking themselves out.

On a separate note, would you be able to reduce your future tax burden for years to come by claming this as some sort of investment loss.

I like the idea of asking the agent for a reduced fee.  

Refinanced less than 6 months ago and locked in a great interest rate and reduced the mortgage, but increased the loan amount.