The extra income from section 8 could easily be wiped out if you get someone in your house who ends up destroying the place.

it’s a closed system and  no clue what’s happening behind the scenes.they have unpaid tax bills on their properties and they have taken loans on top to pay those bills because the property revenues can’t cover those bills for example this one https://www.lofty.ai/property_deal/4318-Clybourne-Ave_Clevel...

It allows us to pocket a pile of tax free cash from the sale of our primary.

Even if California will not relent on adjusting emission control standards, and the more than 1,000 supplemental workers at the Stellantis Toledo Jeep plant who are expected to rise to full-time permanent status are laid off, on balance, local incomes are rising.For the vast majority of individuals, a home is the largest single investment of a lifetime.

Im new to the RE game too. is your mortgage over 25% of your take home pay not counting the rental income?

Factor in the cost of property insurance and taxes, as these expenses can impact your cash flow.

Any info would be great I have been told that the max household income with new rentals is 105k however I see online that it is 193k.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Hello Guyz.I am outside of the US (In India) and have been interested in investing for rental income.

If you have 1 vacant unit, you still have incoming rent from the other.