Whenever I got a bonus or had saved some additional monies outside of my typical investing, I put a little more into this fund to try to buy another property.Along the way we were always trying to get smarter about our investing and improving profits. 

The way I see it, if the PM placed the tenant and they are paying late and the PM keeps the fees, the PM and owner's goals are not aligned.This incentivises the PM to place a marginal tenant and collect a "bonus" when they pay late. 

I know some have done bonuses if it sells by XYZ date.

If you can, snag an end unit as those are attractive rentals...another bonus might be one with a garage.

Might even be able to pick up a reenlistment bonus that would help with the house. 

This duplex with a bonus 3rd 1/1 unit just went up in our neighborhood.

The 50,000 foot structure is that you'll be separating the ownership interest LLC from the taxable economic interest LLC, which allows you to sell your position in the latter to a third-party.Note, there are some claw-back and burn-down provisions for this structure, so it's important to understand all the details before capitalizing tax incentives.Note 2, there are other programs associated with energy efficient renovations and bonus depreciation that may apply.Note 3, on the first project, I wouldn't rely on the tax credit to make the deal in your underwriting.

I knew I was on the right track but I didn’t realize you could get a HELOC for 100 percent LTV and the tax break is just another bonus!

If your lucky the price will be based off the low rents and you'll increase value by just getting a better lease in play.... and bonus points if the landlord is just over it and your speed will be even more valuable. 

It doesnt matter how good a management company is, this area is tough so plan to have things go wrong but if they go well consider that a bonus.