If your going to be mixing all of these accounts and then going for a self directed roth IRA later, this will apply to you. 

One single deal pays for a lot of years worth of website hosting.

Here's a list to give you an idea:Startup Costs:Down PaymentClosing CostsProperty InspectionAppraisal FeeProperty InsuranceInitial Repairs and RenovationsEmergency FundOngoing Expenses:Mortgage PaymentsProperty TaxesUtilitiesProperty Management FeesInsurance PremiumsMaintenance and RepairsVacancy CostsProperty DepreciationLegal and Accounting FeesRemember that these costs can vary based on factors like location, property type, and personal preferences.

It just can't be recorded unless the water account is settled.

Looking at single family or a duplex to start off the adventure, then sky's the limit after that.

my accountant doesn't seem to think its possible

Rents are 8400 accounting for all expenses, vacancies, property management, etc.

Hi there,In the process of searching for our first rental property and saw a couple prospective properties yesterday.Thoughts on making a currently single family rental into student housing..Current tenants-month to month rent, been there 3-4 yearsHome is in a prominent student housing neighborhood, would increase rent significantly Would you chance loosing a paying tenant to try student housing? 

@Erica Schubach I would say if you have a HOA, it all depends on their regulations, but from what i have seen most HOA in Kansas City area or the cities that are better areas like Lee's sunmit, overland park, they prohibit short term rentals, plus the rules of condo are much more complicated and more strict than single families or townhouses.

So the BLS is accounting for those illegal immigrant.