., 14% interest, first and last months PI Payment, and 2 points), but your deal should be sweet enough to cover this while you "season" the property in order to refinance in 6 -12 months. 

Cover your rear.

I don't think rent outside of the coasts will cover anything like that.

Sometimes rents are actually marked up and still don't go towards the purchase price.Final price marked up to cover things like annual maintenance.

You must be able to not only cover the payments but have access to reserve funds to do the repairs.

Except your carrying costs.biggest mistake people make is not asking for enough money, not calculating for unknowns and not having enough reserves, usually 3 months worse to cover carrying costs.

Also, Im not a tax professional and this is not tax advice, but your CPA should be able to claim you deprecation on your investment as well, gaining you even more tax benefit.Solar panels provide cover from the elements to the shingles located below them, thus increasing shingle life.

I would love to start networking locally, but also start mentoring as I learn more on the commercial side.Sorry if this has already been covered, but I didn't see a recent post on the topic.  

That will show you the basis allocated to those 8 and from there you can calculate your gain to see if your passive losses will cover.

The rent does not cover the mortgage, not even close, so subject to isn’t in question.Without much equity I’m assuming I should not pursue and tread lightly w/o further damaging the position the landlord is in?