My father passed a few years ago and my my mother is aging and she has asked me to help her with a rental property she owns in New York City, Queens to be exact. 

Hey Mike,Thanks for taking the time to respond to my thread.The LLC I plan to form isn't going to be for properties but a separate business not related to properties.

He's a fellow Orlando guy who got started at a young age with a very limited income, but off the charts hustle. 

Hi everyone,Asking for some advice on specific condo/townhouse communities you are aware of in Coppell/Plano/Frisco ISD which have units priced at <$200K (preferably <$150K) and would attract higher-quality tenants with school-age kids due to the excellent schools. 

This means we need to make a relatively quick decision about whether we will rent or sell our current residence.

I had more than on contractor borrower of mine that finally figured that out got enough equity from relatives and now they are doing quite well and no way we can compete with them.but you start moving up north of 750k to purchase and unless your in the Bay area or prime LA  that does knock out a lot of competitionand you also have to remember this poster is paying CASH  HUGE difference as she has no cost of capital most of us need to borrow and if your borrowing HM which 95% have to as banks really don't service this niche ... her carrying cost ona say 700k project would eat up 20 to 30k EASY.. 

These questions need to be answered relatively quickly. 

I would have a column for expenses directly related to rental portion, and one for related to the whole house.

At least I do.The problem with that in reality is two fold: first we are in the information age, so everyone knows about the project long before it's even approved.

Hi everyone, I'm relatively new to BiggerPockets and  am seriously considering expanding my real estate investing into some SFH in the Cleveland area.